← radarnow $310K·series over 5h 55m·event closed, lasted 7h 39m
RDW — funding rate on Bybit
Bybit · RDWUSDT-0.178%per 8h · -0.022%/hlongs receive
last settlement0.000%→upcoming payout-0.178%▲ heating up
7:43:29settlement
1calmheat
Price (mark)
8.739
-1.6% 24h
Vol 24h
$4.3M
Open interest
$226K
Price move in 2 min
—
avg 7d
+0.023%/h
avg 30d
+0.004%/h
Price and skew
Price and settlements
71 five-minute candles — a day around the event
updown▲ settlement and rate
Imbalance dynamicsPRO · open for now
positions are unwindingthe exit phase: entering now bets on what's left of the move
OI, RDWpricesettlements · 8h
over the seriesover the last hourpositions+12.0%-10.0%price+0.2%-0.1%
Event life curvePRO · open for now
Across 5 closed events of this pair: a typical one lives 6h 28m, the peak usually lands at minute 50–55
median across 5 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)
- $4.44 · $0.56/hour
- Net snipe per settlement
- $0.44 = 0.178% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.11×needs 0.160%+ per settlement
- Liquidation price
- 7.0349 (−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 (5)
avg+0.31% | -0.36%
max+0.49%
after · 5m
avg+0.78% | -0.10%
max+1.18%
before cut-off · 15m
avg+0.32% | -0.35%
max-0.53%
after · 15m
avg+1.07% | -0.17%
max+2.01%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 27.07 08:00 | +0.910% | -0.53% | +2.01% |
| 27.07 00:00 | +1.207% | -0.31% | +1.17% |
| 26.07 16:00 | +0.545% | +0.18% | -0.05% |
| 26.07 08:00 | +0.622% | +0.41% | 0.00% |
| 26.07 00:00 | +0.870% | -0.23% | +0.02% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 5 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 36 settlements
avg 7d +0.023%/havg 30d +0.004%/h
RDW on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | -0.178% / 8h | -0.022%/h | longs | +0.018% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
| OKX | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bybit← you are here-0.022%/h
longsrate -0.178% / 8hsnipe +0.018%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
OKX0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.022%/h
Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bybitevery 8hBitgetevery 8hOKXevery 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
0.0079%/h
widest spread
0.151%/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.