← radarnow $254K·series over 23h 29m·event closed, lasted 7h 9m
ON — funding rate on Bybit
Bybit · ONUSDT+0.334%per 8h · +0.042%/hshorts receive
last settlement+1.036%→upcoming payout+0.334%▼ cooling down
1:20:22settlement
4calmheat
Price (mark)
85.57
-0.7% 24h
Vol 24h
$4.5M
Open interest
$242K
Price move in 2 min
—
avg 7d
-0.030%/h
avg 30d
-0.030%/h
Price and skew
Price and settlements
282 five-minute candles — a day around the event
updown▲ settlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
positions are unwindingthe exit phase: entering now bets on what's left of the move
OI, ONpricesettlements · 8h
over the seriesover the last hourpositions+8.4%-7.6%price+0.5%-0.7%
Event life curvePRO · open for now
Across 10 closed events of this pair: a typical one lives 4h 27m, the peak usually lands at minute 27.5–32.5
median across 10 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 (8h)
- $8.35 · $1.04/hour
- Net snipe per settlement
- $4.35 = 0.334% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 2.09×needs 0.160%+ per settlement
- Liquidation price
- 102.2561 (+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 (6)
before cut-off · 5m · the snipe window (3)
avg+0.12% | -0.80%
max-1.58%
after · 5m
avg+0.65% | -0.46%
max+1.02%
before cut-off · 15m
avg+0.33% | -1.60%
max-1.60%
after · 15m
avg+0.49% | -0.46%
max+1.13%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 27.07 08:00 | +1.036% | -1.60% | +1.13% |
| 27.07 00:00 | -0.716% | +0.13% | -0.98% |
| 26.07 16:00 | -0.691% | 0.00% | +0.30% |
| 25.07 16:00 | -0.817% | +0.32% | +0.05% |
| 23.07 16:00 | -0.794% | +0.86% | -0.23% |
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 · 18 settlements
avg 7d -0.030%/havg 30d -0.030%/h
ON on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | +0.334% / 8h | +0.042%/h | shorts | +0.174% |
| Binance | +0.051% / 4h | +0.013%/h | shorts | -0.109% |
| OKX | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bybit← you are here+0.042%/h
shortsrate +0.334% / 8hsnipe +0.174%
Binance+0.013%/h
shortsrate +0.051% / 4hsnipe -0.109%
OKX0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.042%/h
Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bybitevery 8hBinanceevery 4hOKXevery 8hrate 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
0.0254%/h
widest spread
0.130%/h
27.07 01:00 · 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.