← radar
ETH — funding rate on Bybit
Bybit · ETHUSDT+0.002%per 8h · 0.000%/hshorts receive
last settlement+0.003%→upcoming payout+0.002%• unchanged
1:15:13settlement
6calmheat
Price (mark)
2,688.2
-0.2% 1h+0.2% 24h
Vol 24h
$3.1B
Open interest
$2.1B−8% vs 7d median
Price move in 2 min
+0.51%
avg 7d
+0.001%/h
avg 30d
0.000%/h
Price and skew
Price and settlements
288 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.05 · $0.01/hour
- Net snipe per settlement
- $-3.95 = 0.002% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.01×needs 0.160%+ per settlement
- Liquidation price
- 3,212.4 (+19.50% from price)
- Risk at this leverage
- low risk— price moved up to +0.51% in 2 min
- Max “green” leverage
- 48x
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.
Context and comparison
Funding history · 272 settlements
ETH on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bitget | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Binance | +0.007% / 8h | +0.001%/h | shorts | -0.153% |
| Bybit ← you are here | +0.002% / 8h | 0.000%/h | shorts | -0.158% |
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bitget+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Binance+0.001%/h
shortsrate +0.007% / 8hsnipe -0.153%
Bybit← you are here0.000%/h
shortsrate +0.002% / 8hsnipe -0.158%
Max spread across exchanges: +0.001%/h
ETH across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Hyperliquidevery 1hBitgetevery 8hBinanceevery 8hBybitevery 8hrate 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
0.0008%/h
widest spread
0.0043%/h
21.09 16:00 UTC · Hyperliquid ↔ 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.