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WAVES — funding rate on Bybit
Bybit · WAVESUSDT+0.021%per 8h · +0.003%/hshorts receive
last settlement+0.010%→upcoming payout+0.021%• unchanged
1:56:02settlement
0calmheat
Price (mark)
0.301
+1.8% 24h
Vol 24h
$4.8M
Open interest
$1.9M
Price move in 2 min
—
avg 7d
+0.002%/h
avg 30d
-0.004%/h
Price and skew
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 4h 45m, the peak usually lands at minute 20–25
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 — 1.00% accrued against a 2.83% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.53 · $0.07/hour
- Net snipe per settlement
- $-3.47 = 0.021% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.13×needs 0.160%+ per settlement
- Liquidation price
- 0.359695 (+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+0.35%
max+0.47%
after · 5m
avg+0.27% | -0.62%
max-0.62%
before cut-off · 15m
avg+0.75% | -2.30%
max-2.30%
after · 15m
avg+0.96% | -1.01%
max-1.01%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.09 08:00 | -0.806% | +0.75% | -1.01% |
| 08.09 16:00 | -1.731% | -2.30% | +0.96% |
Context and comparison
Funding history · 272 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.