← radar
-1.565%per 1h · -1.565%/hlongs receive
last settlement-1.126%→upcoming payout-1.565%▲ heating up
57:14settlement
98extremeheat
Price (mark)
0.187
+0.8% 1h-3.0% 24h
Vol 24h
$324.4M
Open interest
$6.7M+108% vs 7d median
Price move in 2 min
+2.50%
avg 7d
-0.445%/h9 extreme in a row
avg 30d
-0.138%/h
Orderbook · nearest wallssnapshot 4 min ago
Support below (bid)
-1.59%
0.184035·$10K×6 median
Price now
0.187
Resistance above (ask)
+2.85%
0.192339·$21K×12 median
Depth screenerPRO · free in beta
observation window 3 days · snapshot 4 min ago
Support below (bid)
-1.59%0.184035$10K×6 median
broke through 1 of 2 times
Resistance above (ask)
+2.85%0.192339$21K×12 median
broke through 0 of 1 times
+3.47%0.193493$29K×17 median
broke through 4 of 4 times
+3.54%0.193615$17K×10 median
broke through 6 of 6 times
+3.85%0.194201$12K×7 median
broke through 4 of 7 times
+4.44%0.195311$20K×12 median
broke through 2 of 3 times
Price and skew
Price and settlements
287 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$2.7M
$1.2M longs$1.5M shorts
Both sides almost equally. $8K over the last hour.
Imbalance dynamicsPRO · free in beta
now $6.7M·series over 23h 57m·event alive for 1h
now $6.7M·series over 23h 57m·event alive for 1h
imbalance is holdingno new positions are piling in, but none are leaving either
OI, INITpricesettlements · 1h
over the seriesover the last hourpositions-18.9%-1.3%price-2.3%-0.1%
Event life curvePRO · free in beta
Across 17 closed events of this pair: a typical one lives 54m, the peak usually lands within the first 5 min
median across 17 eventscurrent eventmedian 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 8 of 17 cases
median — 0.70% accrued against a 1.30% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (1h)
- $39.12 · $39.12/hour
- Net snipe per settlement
- $35.12 = 1.565% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 9.78×needs 0.160%+ per settlement
- Liquidation price
- 0.150535 (−19.50% from price)
- Risk at this leverage
- low risk— price moved up to +2.50% in 2 min
- Max “green” leverage
- 12x
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 (29)
before cut-off · 5m · the snipe window (29)
avg+1.63% | -1.70%
max-4.96%
after · 5m
avg+2.18% | -2.90%
max-7.68%
before cut-off · 15m
avg+2.36% | -3.52%
max-11.87%
after · 15m
avg+4.23% | -5.31%
max+14.36%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 11.11 11:00 | -1.997% | -0.62% | +2.08% |
| 11.11 10:00 | -1.814% | -2.71% | +4.63% |
| 11.11 09:00 | -0.615% | -6.28% | -4.98% |
| 11.11 08:00 | -0.757% | +2.72% | +0.87% |
| 11.11 07:00 | -1.016% | +2.04% | -7.58% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 29 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 562 settlements
INIT on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | -1.565% / 1h | -1.565%/h | longs | +1.405% |
| Bitget | -0.613% / 1h | -0.613%/h | longs | +0.453% |
| OKX | -0.572% / 1h | -0.572%/h | longs | +0.412% |
| Hyperliquid | -0.500% / 1h | -0.500%/h | longs | +0.340% |
| Binance | -0.438% / 1h | -0.438%/h | longs | +0.278% |
| Aster | -0.413% / 1h | -0.413%/h | longs | +0.253% |
| Bitunix | -0.378% / 1h | -0.378%/h | longs | +0.218% |
| Gate | -0.272% / 1h | -0.272%/h | longs | +0.112% |
Bybit← you are here-1.565%/h
longsrate -1.565% / 1hsnipe +1.405%
Bitget-0.613%/h
longsrate -0.613% / 1hsnipe +0.453%
OKX-0.572%/h
longsrate -0.572% / 1hsnipe +0.412%
Hyperliquid-0.500%/h
longsrate -0.500% / 1hsnipe +0.340%
Binance-0.438%/h
longsrate -0.438% / 1hsnipe +0.278%
Aster-0.413%/h
longsrate -0.413% / 1hsnipe +0.253%
Bitunix-0.378%/h
longsrate -0.378% / 1hsnipe +0.218%
Gate-0.272%/h
longsrate -0.272% / 1hsnipe +0.112%
Max spread across exchanges: +1.293%/h
INIT across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
Gateevery 1hBitunixevery 1hAsterevery 1hBinanceevery 1hHyperliquidevery 1hBitgetevery 1hOKXevery 1hBybitevery 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
0.0077%/h
widest spread
4.000%/h
10.11 21:00 UTC · 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 long 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 long 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.