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ESP — funding rate on Gate
Gate · ESP_USDT-0.043%per 8h · -0.005%/hlongs receive
last settlement-0.009%→upcoming payout-0.043%• unchanged
6:24:51settlement
0calmheat
Price (mark)
0.07958
+5.1% 24h
Vol 24h
$505K
Open interest
$171K
Price move in 2 min
—
avg 7d
-0.007%/h
avg 30d
-0.002%/h
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $1.08 · $0.13/hour
- Net snipe per settlement
- $-2.93 = 0.043% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.27×needs 0.160%+ per settlement
- Liquidation price
- 0.064062 (−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.
Context and comparison
Funding history · 90 settlements
ESP on 7 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Aster | -0.036% / 4h | -0.009%/h | longs | -0.124% |
| OKX | -0.036% / 4h | -0.009%/h | longs | -0.124% |
| Bitunix | -0.029% / 4h | -0.007%/h | longs | -0.131% |
| Binance | -0.027% / 4h | -0.007%/h | longs | -0.133% |
| Gate ← you are here | -0.043% / 8h | -0.005%/h | longs | -0.117% |
| Bitget | -0.010% / 4h | -0.002%/h | longs | -0.150% |
| Bybit | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Aster-0.009%/h
longsrate -0.036% / 4hsnipe -0.124%
OKX-0.009%/h
longsrate -0.036% / 4hsnipe -0.124%
Bitunix-0.007%/h
longsrate -0.029% / 4hsnipe -0.131%
Binance-0.007%/h
longsrate -0.027% / 4hsnipe -0.133%
Gate← you are here-0.005%/h
longsrate -0.043% / 8hsnipe -0.117%
Bitget-0.002%/h
longsrate -0.010% / 4hsnipe -0.150%
Bybit+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: +0.010%/h
ESP across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
5 exchanges on one timeline
Gateevery 8hBinanceevery 4hBitgetevery 4hBybitevery 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
0.0125%/h
widest spread
0.0370%/h
08.11 21:00 UTC · Gate ↔ OKX
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.