← radar
FWDI — funding rate on Bybit
Bybit · FWDIUSDT0.000%per 8h · 0.000%/hshorts receive
last settlement+0.448%→upcoming payout0.000%▼ cooling down
3:59:52settlement
0calmheat
Price (mark)
5.407
-3.5% 24h
Vol 24h
$366K
Open interest
$146K
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.001%/h
Price and skew
Liquidations
24h$906
$896 longs$10 shorts
Longs were wiped — 99% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 39m, the peak usually lands within the first 5 min
median across 4 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 3 of 4 cases
median accrued 0.06%; in at least half the events price moved in the receiver's favour
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0 · $0/hour
- Net snipe per settlement
- $-4 = 0.000% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.00×needs 0.160%+ per settlement
- Liquidation price
- 6.4614 (+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.
Context and comparison
Funding history · 271 settlements
FWDI on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| OKX | +0.203% / 8h | +0.025%/h | shorts | +0.043% |
| Binance | +0.193% / 8h | +0.024%/h | shorts | +0.033% |
| Bitget | -0.050% / 8h | -0.006%/h | longs | -0.111% |
| Bybit ← you are here | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
OKX+0.025%/h
shortsrate +0.203% / 8hsnipe +0.043%
Binance+0.024%/h
shortsrate +0.193% / 8hsnipe +0.033%
Bitget-0.006%/h
longsrate -0.050% / 8hsnipe -0.111%
Bybit← you are here0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.032%/h
FWDI across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Binanceevery 8hOKXevery 8hBybitevery 8hBitgetevery 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
0.0073%/h
widest spread
0.111%/h
09.11 17:00 UTC · Binance ↔ 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.