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ZIL — funding rate on Bybit
Bybit · ZILUSDT-0.048%per 8h · -0.006%/hlongs receive
last settlement-0.039%→upcoming payout-0.048%• unchanged
7:03:04settlement
0calmheat
Price (mark)
0.001603
-3.1% 24h
Vol 24h
$5.7M
Open interest
$1.6M
Price move in 2 min
—
avg 7d
-0.003%/h
avg 30d
-0.003%/h
Price and skew
Price and settlements
79 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$15K
$7K longs$9K shorts
Both sides almost equally. Quiet over the last hour.
Imbalance dynamicsPRO · free in beta
now $1.8M·series over 3h 46m·event closed, lasted 3h 48m
now $1.8M·series over 3h 46m·event closed, lasted 3h 48m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, ZILprice
over the seriesover the last hourpositions+12.1%-2.8%price-7.8%-0.2%
Event life curvePRO · free in beta
Across 4 closed events of this pair: a typical one lives 3h 5m, the peak usually lands at minute 15–20
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 0 of 4 cases
median — 0.30% accrued against a 6.21% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $1.19 · $0.15/hour
- Net snipe per settlement
- $-2.81 = 0.048% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.30×needs 0.160%+ per settlement
- Liquidation price
- 0.00129 (−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 (4)
before cut-off · 5m · the snipe window (4)
avg-0.59%
max-1.48%
after · 5m
avg+0.92% | -1.20%
max-1.82%
before cut-off · 15m
avg+0.66% | -1.35%
max-1.92%
after · 15m
avg-1.34%
max-2.07%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.11 16:00 | -0.354% | -0.81% | -0.70% |
| 20.09 08:00 | -0.797% | -1.32% | -0.95% |
| 29.07 08:00 | -0.635% | +0.66% | -2.07% |
| 29.07 00:00 | -1.580% | -1.92% | -1.65% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 4 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 272 settlements
ZIL on 7 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitget | -0.052% / 4h | -0.013%/h | longs | -0.108% |
| Bitunix | -0.040% / 4h | -0.010%/h | longs | -0.120% |
| Binance | -0.036% / 4h | -0.009%/h | longs | -0.124% |
| OKX | -0.035% / 4h | -0.009%/h | longs | -0.125% |
| Gate | -0.031% / 4h | -0.008%/h | longs | -0.129% |
| Bybit ← you are here | -0.048% / 8h | -0.006%/h | longs | -0.112% |
| Aster | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Bitget-0.013%/h
longsrate -0.052% / 4hsnipe -0.108%
Bitunix-0.010%/h
longsrate -0.040% / 4hsnipe -0.120%
Binance-0.009%/h
longsrate -0.036% / 4hsnipe -0.124%
OKX-0.009%/h
longsrate -0.035% / 4hsnipe -0.125%
Gate-0.008%/h
longsrate -0.031% / 4hsnipe -0.129%
Bybit← you are here-0.006%/h
longsrate -0.048% / 8hsnipe -0.112%
Aster+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: +0.014%/h
ZIL across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
6 exchanges on one timeline
Bybitevery 8hGateevery 4hBinanceevery 4hBitunixevery 4hBitgetevery 4hOKXevery 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
0.0043%/h
widest spread
0.0385%/h
09.11 09:00 UTC · Bybit ↔ Binance
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.