← radar
+0.008%per 8h · +0.001%/hshorts receive
last settlement-0.012%→upcoming payout+0.008%• unchanged
5:43:05settlement
0calmheat
Price (mark)
0.1397
-0.4% 24h
Vol 24h
$172K
Open interest
$96K
Price move in 2 min
—
avg 7d
-0.000%/h
avg 30d
-0.000%/h
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.19 · $0.02/hour
- Net snipe per settlement
- $-3.81 = 0.008% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.05×needs 0.160%+ per settlement
- Liquidation price
- 0.166942 (+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 · 3 settlements
THETA on 7 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bybit | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitget | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| OKX | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitunix | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Aster | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Gate ← you are here | +0.008% / 8h | +0.001%/h | shorts | -0.152% |
Binance+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bybit+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitget+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
OKX+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitunix+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Aster+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Gate← you are here+0.001%/h
shortsrate +0.008% / 8hsnipe -0.152%
Max spread across exchanges: 0.000%/h
THETA across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
7 exchanges on one timeline
Binanceevery 8hBybitevery 8hBitgetevery 8hOKXevery 8hBitunixevery 8hAsterevery 8hGateevery 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
0.0008%/h
widest spread
0.0030%/h
06.11 01:00 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 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.