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TMX — funding rate on Bybit
Bybit · TMXUSDT+0.059%per 4h · +0.015%/hshorts receive
last settlement+0.059%→upcoming payout+0.059%• unchanged
2:34:20settlement
1calmheat
Price (mark)
0.01366
+18.2% 24h
Vol 24h
$1.8M
Open interest
$1.3M
Price move in 2 min
—
avg 7d
+0.010%/h
avg 30d
+0.009%/h
Price and skew
Liquidations
24h$3K
$2K longs$1K shorts
Longs were wiped — 61% of the total. $56 over the last hour.
Event life curvePRO · open for now
Across 16 closed events of this pair: a typical one lives 27m, the peak usually lands within the first 5 min
median across 16 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 10 of 16 cases
median accrued 0.04%; in at least half the events price moved in the receiver's favour
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $1.48 · $0.37/hour
- Net snipe per settlement
- $-2.52 = 0.059% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.37×needs 0.160%+ per settlement
- Liquidation price
- 0.016324 (+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+0.17% | -2.19%
max-2.19%
after · 5m
avg+0.43% | -7.11%
max-7.11%
before cut-off · 15m
avg-3.82%
max-7.22%
after · 15m
avg+2.13% | -3.36%
max-3.36%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 26.09 00:00 | +0.426% | -0.42% | +2.13% |
| 26.08 12:00 | +0.382% | -7.22% | -3.36% |
Context and comparison
Funding history · 258 settlements
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.