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ESPORTS — funding rate on Bybit

Bybit · ESPORTSUSDT
+0.005%per 4h · +0.001%/hshorts receive
last settlement-0.013%upcoming payout+0.005% unchanged
5:20:22settlement
0calmheat
Price (mark)
0.026247
-9.9% 24h
Vol 24h
$35.0M
Open interest
$5.1M
Price move in 2 min

Price and skew

Price and settlements
2 five-minute candles — a day around the event
updownsettlement and rate5 minutes · 24h
Event life curvePRO · open for now
Across 17 closed events of this pair: a typical one lives 12m, the peak usually lands within the first 5 min
median across 17 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 (4h)
$0.13 · $0.03/hour
Net snipe per settlement
$-3.88 = 0.005%0.110% 0.050%
Break-even for entry
rate covers the threshold 0.03×needs 0.160%+ per settlement
Liquidation price
0.031365 (+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 (8)
before cut-off · 5m · the snipe window (2)
avg+1.72% | -0.44%
max+1.72%
after · 5m
avg-1.64%
max-2.41%
before cut-off · 15m
avg+2.24% | -6.43%
max-14.72%
after · 15m
avg+1.15% | -2.67%
max-7.02%
Cut-offRateBeforeAfter
26.07 03:00+0.080%-4.44%+0.77%
26.07 02:00+0.089%+4.50%-7.02%
25.07 20:00+0.079%+2.00%-0.66%
25.07 15:00+0.058%-14.72%-4.16%
24.07 21:00+0.057%-0.14%-0.98%
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 4 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 374 settlements
avg 7d +0.006%/havg 30d +0.007%/h
ESPORTS on 3 exchanges

Max spread across exchanges: +0.001%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Binanceevery 1hBitgetevery 8hBybitevery 4hrate 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
0.0317%/h
widest spread
0.168%/h
24.07 17:00 · Bybit ↔ Bitget

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.