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POET — funding rate on Bybit

Bybit · POETUSDT
-0.088%per 8h · -0.011%/hlongs receive
last settlement-0.100%upcoming payout-0.088% unchanged
7:44:41settlement
1calmheat
Price (mark)
6.886
-1.4% 24h
Vol 24h
$2.1M
Open interest
$216K
Price move in 2 min

Price and skew

Price and settlements
156 five-minute candles — a day around the event
updownsettlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
now $283K·series over 12h 21m·event closed, lasted 4h 30m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, POETpricesettlements · 8h
over the seriesover the last hourpositions+12.2%+0.3%price+0.4%-0.0%

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (8h)
$2.21 · $0.28/hour
Net snipe per settlement
$-1.79 = 0.088%0.110% 0.050%
Break-even for entry
rate covers the threshold 0.55×needs 0.160%+ per settlement
Liquidation price
5.5432 (−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 (2)
before cut-off · 5m · the snipe window (2)
avg+0.12%
max+0.17%
after · 5m
avg+1.14% | -0.09%
max+1.14%
before cut-off · 15m
avg+0.04%
max+0.07%
after · 15m
avg+1.22% | -0.03%
max+1.22%
Cut-offRateBeforeAfter
27.07 00:00+1.084%+0.01%+1.22%
26.07 16:00+0.652%+0.07%-0.03%

Context and comparison

Funding history · 34 settlements
avg 7d +0.014%/havg 30d -0.004%/h
POET on 3 exchanges
Bybit← you are here-0.011%/h
longsrate -0.088% / 8hsnipe -0.072%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
OKX0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%

Max spread across exchanges: +0.011%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bitgetevery 8hOKXevery 8hBybitevery 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
0.0125%/h
widest spread
0.136%/h
26.07 17:00 · Bybit ↔ Bitget

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.