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VANRY — funding rate on Bybit

Bybit · VANRYUSDT
-0.746%per 4h · -0.186%/hlongs receive
last settlement-0.660%upcoming payout-0.746% unchanged
3:44:41settlement
36warmheat
Price (mark)
0.00392
+0.9% 1h-7.7% 24h
Vol 24h
$4.5M
Open interest
$1.8M−5% vs 7d median
Price move in 2 min
+1.07%
Orderbook · nearest walls
Support below (bid)
0.0038720.93%$6K
0.00392
Resistance above (ask)
$21K+3.03%0.004027

Price and skew

Price and settlements
288 five-minute candles — a day around the event
updownsettlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
now $1.8M·series over 23h 57m·event alive for 4h 13m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, VANRYpricesettlements · 4h
over the seriesover the last hourpositions-7.9%+2.0%price-7.6%+1.0%
Event life curvePRO · open for now
Across 11 closed events of this pair: a typical one lives 3h 58m, the peak usually lands within the first 5 min
median across 11 eventscurrent eventmedian 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 (4h)
$18.64 · $4.66/hour
Net snipe per settlement
$14.64 = 0.746%0.110% 0.050%
Break-even for entry
rate covers the threshold 4.66×needs 0.160%+ per settlement
Liquidation price
0.003156 (−19.50% from price)
Risk at this leverage
low risk— price moved up to +1.07% in 2 min
Max “green” leverage
26x

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 (11)
before cut-off · 5m · the snipe window (8)
avg+0.26% | -0.95%
max-2.37%
after · 5m
avg+0.79% | -0.75%
max+2.32%
before cut-off · 15m
avg+1.04% | -1.02%
max-2.12%
after · 15m
avg+0.62% | -0.95%
max-2.65%
Cut-offRateBeforeAfter
27.07 12:00-0.499%+1.50%-1.35%
27.07 08:00-0.585%-0.73%-0.43%
27.07 04:00-0.814%-0.10%-0.98%
27.07 00:00-1.147%-0.45%-0.65%
26.07 20:00-1.192%-0.40%+0.76%
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 9 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 249 settlements
avg 7d -0.069%/havg 30d -0.021%/hconsecutive extreme settlements 9
VANRY on 3 exchanges

Max spread across exchanges: +0.020%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bybitevery 4hBitgetevery 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
0.0114%/h
widest spread
0.0461%/h
21.07 05:00 · 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.