⚡FUNDING RADARruen
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KAT — funding rate on Bybit

Bybit · KATUSDT
+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
48:43settlement
0calmheat
Price (mark)
0.003435
-3.0% 24h
Vol 24h
$373K
Open interest
$728K
Price move in 2 min
—

Price and skew

Liquidations
24h$8K
$8K longs$6 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 10 closed events of this pair: a typical one lives 1h 59m, the peak usually lands at minute 7.5–12.5
median across 10 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 10 cases
median — 0.23% accrued against a 1.88% move

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
0.004105 (+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 (4)
before cut-off · 5m · the snipe window (4)
avg+0.58% | -1.94%
max-4.79%
after · 5m
avg+0.63% | -0.75%
max+1.38%
before cut-off · 15m
avg+1.32% | -2.19%
max-5.64%
after · 15m
avg+1.22% | -3.79%
max-3.79%
Cut-offRateBeforeAfter
29.10 12:00-0.195%-0.75%+0.66%
29.10 08:00-0.557%-5.64%-3.79%
26.10 12:00-1.080%+1.32%+1.10%
25.10 00:00-0.401%-0.18%+1.89%
PRO · open for now
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 · 545 settlements
avg 7d +0.002%/havg 30d -0.004%/hCSV export — in PRO
KAT on 4 exchanges

Max spread across exchanges: 0.000%/h

KAT across all exchanges: comparison & curves →
Rates across exchangesPRO · open for now

4 exchanges on one timeline

Bybitevery 4hBinanceevery 4hBitgetevery 4hOKXevery 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
0.0008%/h
widest spread
0.0155%/h
09.11 01:00 UTC · Bybit ↔ OKX

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.