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TAC — funding rate on Bybit
Bybit · TACUSDT+0.046%per 4h · +0.011%/hshorts receive
last settlement+0.053%→upcoming payout+0.046%• unchanged
6:20settlement
1calmheat
Price (mark)
0.000941
-3.8% 24h
Vol 24h
$467K
Open interest
$474K
Price move in 2 min
—
avg 7d
+0.005%/h
avg 30d
+0.002%/h
Price and skew
Liquidations
24h$26
$26 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 20m, the peak usually lands within the first 5 min
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 — 0.02% accrued against a 0.18% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $1.15 · $0.29/hour
- Net snipe per settlement
- $-2.85 = 0.046% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.29×needs 0.160%+ per settlement
- Liquidation price
- 0.001124 (+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.
Context and comparison
Funding history · 545 settlements
TAC on 2 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | +0.046% / 4h | +0.011%/h | shorts | -0.114% |
| Binance | +0.043% / 4h | +0.011%/h | shorts | -0.117% |
Bybit← you are here+0.011%/h
shortsrate +0.046% / 4hsnipe -0.114%
Binance+0.011%/h
shortsrate +0.043% / 4hsnipe -0.117%
Max spread across exchanges: +0.001%/h
TAC across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
2 exchanges on one timeline
Bybitevery 4hBinanceevery 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
0.0064%/h
widest spread
0.0269%/h
03.11 21:00 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.