← radarnow $2.0M·series over 6h 13m·event closed, lasted 2h 15m
NIL — funding rate on Bybit
Bybit · NILUSDT-0.075%per 4h · -0.019%/hlongs receive
last settlement-0.555%→upcoming payout-0.075%▼ cooling down
1:20:22settlement
3calmheat
Price (mark)
0.04156
+15.8% 24h
Vol 24h
$14.9M
Open interest
$1.8M
Price move in 2 min
—
avg 7d
-0.002%/h
avg 30d
0.000%/h
Price and skew
Price and settlements
272 five-minute candles — a day around the event
updown▲ settlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
imbalance is holdingno new positions are piling in, but none are leaving either
OI, NILpricesettlements · 4h
over the seriesover the last hourpositions+56.1%-0.2%price-1.2%+0.8%
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $1.87 · $0.47/hour
- Net snipe per settlement
- $-2.13 = 0.075% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.47×needs 0.160%+ per settlement
- Liquidation price
- 0.033456 (−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 (1)
before cut-off · 5m · the snipe window (1)
avg-1.44%
max-1.44%
after · 5m
avg+1.76%
max+1.76%
before cut-off · 15m
avg-0.89%
max-0.89%
after · 15m
avg+6.16%
max+6.16%
Context and comparison
Funding history · 228 settlements
avg 7d -0.002%/havg 30d 0.000%/h
NIL on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | -0.143% / 4h | -0.036%/h | longs | -0.017% |
| Bybit ← you are here | -0.075% / 4h | -0.019%/h | longs | -0.085% |
| Bitget | -0.130% / 8h | -0.016%/h | longs | -0.030% |
| Hyperliquid | -0.013% / 1h | -0.013%/h | longs | -0.147% |
Binance-0.036%/h
longsrate -0.143% / 4hsnipe -0.017%
Bybit← you are here-0.019%/h
longsrate -0.075% / 4hsnipe -0.085%
Bitget-0.016%/h
longsrate -0.130% / 8hsnipe -0.030%
Hyperliquid-0.013%/h
longsrate -0.013% / 1hsnipe -0.147%
Max spread across exchanges: +0.023%/h
Rates across exchangesPRO · open for now
4 exchanges on one timeline
Hyperliquidevery 1hBitgetevery 4hBinanceevery 4hBybitevery 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
0.0006%/h
widest spread
0.145%/h
27.07 11:00 · Bitget ↔ Hyperliquid
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.