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MIRA — funding rate on Bybit

Bybit · MIRAUSDT
+0.005%per 4h · +0.001%/hshorts receive
last settlement-0.007%upcoming payout+0.005% unchanged
3:44:41settlement
0calmheat
Price (mark)
0.04035
-4.7% 24h
Vol 24h
$1.3M
Open interest
$2.0M
Price move in 2 min

Price and skew

Event life curvePRO · open for now
Across 16 closed events of this pair: a typical one lives 30m, the peak usually lands at minute 10–15
median across 16 eventsmedian peak minute

at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»

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
0.048218 (+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 (29)
before cut-off · 5m · the snipe window (1)
avg+0.94%
max+0.94%
after · 5m
avg-0.61%
max-0.61%
before cut-off · 15m
avg+1.70% | -0.84%
max+17.36%
after · 15m
avg+0.95% | -1.01%
max+3.40%
Cut-offRateBeforeAfter
26.07 00:00-0.192%+1.21%-1.15%
25.07 07:00-0.054%+0.33%-0.33%
25.07 03:00+0.001%+0.64%0.00%
25.07 02:00-0.385%-0.65%-0.59%
25.07 01:00-0.518%+0.51%+1.63%

Context and comparison

Funding history · 107 settlements
avg 7d -0.032%/havg 30d -0.030%/h
MIRA on 3 exchanges

Max spread across exchanges: +0.006%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bybitevery 4hBitgetevery 8hBinanceevery 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
0.0132%/h
widest spread
1.851%/h
22.07 17:00 · Binance ↔ 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 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.