FUNDING RADARruen
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ERA — funding rate on Bybit

Bybit · ERAUSDT
+0.001%per 1h · +0.001%/hshorts receive
last settlement-0.017%upcoming payout+0.001% cooling down
1:44:41settlement
0calmheat
Price (mark)
0.07314
-8.2% 24h
Vol 24h
$4.4M
Open interest
$3.1M
Price move in 2 min

Price and skew

Price and settlements
254 five-minute candles — a day around the event
updownsettlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
now $3.1M·series over 19h 14m·event closed, lasted 12m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, ERApricesettlements · 1h
over the seriesover the last hourpositions+3.0%+0.1%price-8.5%-2.0%
Event life curvePRO · open for now
Across 18 closed events of this pair: a typical one lives 25m, the peak usually lands within the first 5 min
median across 18 eventsmedian peak minute

at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (1h)
$0.03 · $0.03/hour
Net snipe per settlement
$-3.97 = 0.001%0.110% 0.050%
Break-even for entry
rate covers the threshold 0.01×needs 0.160%+ per settlement
Liquidation price
0.087402 (+19.50% from price)
Risk at this leverage
no volatility data
Max “green” leverage

Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.

Settlement window · facts (30)
before cut-off · 5m · the snipe window (18)
avg+0.73% | -0.23%
max+1.66%
after · 5m
avg+0.19% | -0.24%
max-0.70%
before cut-off · 15m
avg+0.45% | -0.60%
max+1.91%
after · 15m
avg+0.74% | -0.72%
max-3.58%
Cut-offRateBeforeAfter
27.07 14:00-0.062%-0.74%-0.38%
27.07 13:00-0.111%+0.78%+0.16%
27.07 10:00-0.005%-0.30%+0.41%
27.07 04:00-0.011%-0.66%-0.36%
27.07 03:00-0.096%+0.23%-0.48%
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 18 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 320 settlements
avg 7d -0.182%/havg 30d -0.088%/h
ERA on 3 exchanges

Max spread across exchanges: +0.060%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bitgetevery 8hBybitevery 1hBinanceevery 1hrate corridor between exchanges

exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market

spread typically
0.0634%/h
widest spread
0.748%/h
24.07 01:00 · Binance ↔ Bybit

the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields

How to read this
  • Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
  • Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
  • Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.