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XLK — funding rate on Bybit
Bybit · XLKUSDT+0.322%per 8h · +0.040%/hshorts receive
last settlement0.000%→upcoming payout+0.322%▲ heating up
7:43:29settlement
2calmheat
Price (mark)
173.59
-3.0% 24h
Vol 24h
$3.6M
Open interest
$327K
Price move in 2 min
—
avg 7d
+0.015%/h
avg 30d
+0.015%/h
Price and skew
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 7h 10m, the peak usually lands at minute 25–30
median across 4 eventsmedian 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 (8h)
- $8.06 · $1.01/hour
- Net snipe per settlement
- $4.06 = 0.322% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 2.02×needs 0.160%+ per settlement
- Liquidation price
- 207.4401 (+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 (3)
before cut-off · 5m · the snipe window (3)
avg+0.24%
max+0.62%
after · 5m
avg+0.34%
max+0.89%
before cut-off · 15m
avg+0.16%
max+0.38%
after · 15m
avg+0.28%
max+0.56%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 27.07 00:00 | +0.980% | +0.01% | +0.56% |
| 26.07 16:00 | +0.694% | +0.38% | +0.16% |
| 26.07 08:00 | +0.821% | +0.11% | +0.12% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 3 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 21 settlements
avg 7d +0.015%/havg 30d +0.015%/h
XLK on 2 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | +0.322% / 8h | +0.040%/h | shorts | +0.162% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bybit← you are here+0.040%/h
shortsrate +0.322% / 8hsnipe +0.162%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.040%/h
Rates across exchangesPRO · open for now
2 exchanges on one timeline
Bybitevery 8hBitgetevery 8hrate 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
0.0000%/h
widest spread
0.122%/h
26.07 17:00 · Bybit ↔ Bitget
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.