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MINA — funding rate on Bybit
Bybit · MINAUSDT-0.164%per 4h · -0.041%/hlongs receive
last settlement-0.026%→upcoming payout-0.164%▲ heating up
48:49settlement
2calmheat
Price (mark)
0.15596
+26.8% 24h
Vol 24h
$4.6M
Open interest
$5.9M
Price move in 2 min
—
avg 7d
-0.006%/h
avg 30d
-0.007%/h
Price and skew
Liquidations
24h$7K$6K in an hour · ×105 the background
$281 longs$7K shorts
Shorts were wiped — 96% of the total. $6K over the last hour.
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 45m, the peak usually lands at minute 2.5–7.5
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 1 of 4 cases
median — 0.07% accrued against a 2.03% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $4.1 · $1.02/hour
- Net snipe per settlement
- $0.1 = 0.164% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.02×needs 0.160%+ per settlement
- Liquidation price
- 0.125548 (−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 · 545 settlements
MINA on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | -0.058% / 1h | -0.058%/h | longs | -0.102% |
| Bybit ← you are here | -0.164% / 4h | -0.041%/h | longs | +0.004% |
| Bitget | -0.090% / 8h | -0.011%/h | longs | -0.070% |
| Binance | -0.080% / 8h | -0.010%/h | longs | -0.080% |
Hyperliquid-0.058%/h
longsrate -0.058% / 1hsnipe -0.102%
Bybit← you are here-0.041%/h
longsrate -0.164% / 4hsnipe +0.004%
Bitget-0.011%/h
longsrate -0.090% / 8hsnipe -0.070%
Binance-0.010%/h
longsrate -0.080% / 8hsnipe -0.080%
Max spread across exchanges: +0.048%/h
MINA across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 8hBinanceevery 8hBybitevery 4hHyperliquidevery 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
0.0058%/h
widest spread
0.0305%/h
21.09 01:00 UTC · Hyperliquid ↔ Bybit
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.