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SXT — funding rate on Bybit
Bybit · SXTUSDT-0.026%per 4h · -0.006%/hlongs receive
last settlement-0.073%→upcoming payout-0.026%▼ cooling down
2:52:10settlement
0calmheat
Price (mark)
0.008883
+2.4% 24h
Vol 24h
$530K
Open interest
$638K
Price move in 2 min
—
avg 7d
-0.009%/h
avg 30d
-0.002%/h
Price and skew
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 1h 6m, the peak usually lands at minute 12.5–17.5
median across 4 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 1 of 4 cases
median — 0.09% accrued against a 4.20% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.65 · $0.16/hour
- Net snipe per settlement
- $-3.35 = 0.026% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.16×needs 0.160%+ per settlement
- Liquidation price
- 0.007151 (−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+1.21%
max+1.81%
after · 5m
avg-1.31%
max-2.29%
before cut-off · 15m
avg+1.30% | -0.33%
max+1.30%
after · 15m
avg+0.02% | -3.25%
max-3.25%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 04.11 20:00 | -0.191% | -0.33% | +0.02% |
| 04.11 16:00 | -0.516% | +1.30% | -3.25% |
Context and comparison
Funding history · 541 settlements
SXT on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | -0.026% / 4h | -0.006%/h | longs | -0.134% |
| Binance | -0.007% / 4h | -0.002%/h | longs | -0.153% |
| Bitget | -0.006% / 4h | -0.001%/h | longs | -0.154% |
Bybit← you are here-0.006%/h
longsrate -0.026% / 4hsnipe -0.134%
Binance-0.002%/h
longsrate -0.007% / 4hsnipe -0.153%
Bitget-0.001%/h
longsrate -0.006% / 4hsnipe -0.154%
Max spread across exchanges: +0.005%/h
SXT across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bitgetevery 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
0.0029%/h
widest spread
0.0788%/h
04.11 13:00 UTC · Bitget ↔ 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 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.