← radar
ORDER — funding rate on Bybit
Bybit · ORDERUSDT+0.010%per 8h · +0.001%/hshorts receive
last settlement+0.010%→upcoming payout+0.010%• unchanged
7:38:26settlement
0calmheat
Price (mark)
0.0309
+3.2% 24h
Vol 24h
$2.6M
Open interest
$1.9M
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.006%/h
Price and skew
Event life curvePRO · open for now
Across 19 closed events of this pair: a typical one lives 34m, the peak usually lands within the first 5 min
median across 19 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 6 of 19 cases
median — 0.01% accrued against a 0.43% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.25 · $0.03/hour
- Net snipe per settlement
- $-3.75 = 0.010% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.06×needs 0.160%+ per settlement
- Liquidation price
- 0.036926 (+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 (23)
before cut-off · 5m · the snipe window (22)
avg+1.47% | -0.49%
max+4.27%
after · 5m
avg+1.42% | -0.98%
max+2.62%
before cut-off · 15m
avg+3.02% | -1.56%
max+9.04%
after · 15m
avg+2.85% | -2.21%
max+7.16%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 27.10 02:00 | -0.059% | +3.00% | -1.29% |
| 27.10 01:00 | -0.160% | -0.46% | +4.26% |
| 26.10 18:00 | -0.063% | -2.41% | -2.05% |
| 25.10 17:00 | -0.133% | +1.18% | -0.86% |
| 25.10 16:00 | -0.132% | -1.31% | +2.39% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 22 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 345 settlements
ORDER on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bybit ← you are here | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitget | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| OKX | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Binance+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bybit← you are here+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitget+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
OKX+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: 0.000%/h
ORDER across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 8hBinanceevery 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
0.0000%/h
widest spread
0.0070%/h
09.11 09:00 UTC · 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.