← radar
-0.500%per 1h · -0.500%/hlongs receive
last settlement-0.500%→upcoming payout-0.500%• unchanged
2:29settlement
60hotheat
Price (mark)
0.20054
+11.5% 1h+8.8% 24h
Vol 24h
$29.3M
Open interest
$2.4M
Price move in 2 min
+2.71%
avg 7d
-0.059%/h17 extreme in a row
avg 30d
-0.014%/h
Orderbook · nearest wallssnapshot 4 min ago
Support below (bid)
no large walls within ±10%
Price now
0.20054
Resistance above (ask)
+1.98%
0.20451·$9K×19 median
Depth screenerPRO · free in beta
observation window 2 days · snapshot 4 min ago
Support below (bid)
no large walls within ±10%
Resistance above (ask)
+1.98%0.20451$9K×19 median
price never reached it
Price and skew
Price and settlements
287 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Imbalance dynamicsPRO · free in beta
now $2.4M·series over 23h 57m·event alive for 16h 44m
now $2.4M·series over 23h 57m·event alive for 16h 44m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, INITpricesettlements · 1h
over the seriesover the last hourpositions-6.9%-0.1%price+8.1%+9.8%
Event life curvePRO · free in beta
Across 5 closed events of this pair: a typical one lives 2h 9m, the peak usually lands at minute 5–10
median across 5 eventscurrent eventmedian 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 3 of 5 cases
median accrued 0.61%; in at least half the events price moved in the receiver's favour
Entry economics
Position calculator
- Position size
- $1,500
- Funding per settlement (1h)
- $7.5 · $7.5/hour
- Net snipe per settlement
- $5.1 = 0.500% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 3.13×needs 0.160%+ per settlement
- Liquidation price
- 0.134696 (−32.83% from price)
- Risk at this leverage
- low risk— price moved up to +2.71% in 2 min
- Max “green” leverage
- 11x
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 (30)
before cut-off · 5m · the snipe window (30)
avg+1.22% | -2.05%
max-4.90%
after · 5m
avg+2.22% | -1.82%
max-5.60%
before cut-off · 15m
avg+1.27% | -3.50%
max-11.04%
after · 15m
avg+4.17% | -3.17%
max+14.38%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 10.11 23:00 | -0.500% | +2.08% | +5.39% |
| 10.11 22:00 | -0.500% | -2.61% | -4.35% |
| 10.11 21:00 | -0.500% | -6.21% | +7.09% |
| 10.11 20:00 | -0.500% | -1.94% | -10.83% |
| 10.11 19:00 | -0.500% | -0.59% | -3.45% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 30 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 750 settlements
avg 7d -0.059%/havg 30d -0.014%/hCSV export — sign in with Telegramconsecutive extreme settlements17
INIT on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitget | -2.000% / 1h | -2.000%/h | longs | +1.840% |
| Bitunix | -1.790% / 1h | -1.790%/h | longs | +1.630% |
| Binance | -1.742% / 1h | -1.742%/h | longs | +1.582% |
| Aster | -1.715% / 1h | -1.715%/h | longs | +1.555% |
| Hyperliquid ← you are here | -0.500% / 1h | -0.500%/h | longs | +0.340% |
| Bybit | +0.260% / 1h | +0.260%/h | shorts | +0.100% |
| OKX | -0.485% / 2h | -0.243%/h | longs | +0.325% |
| Gate | -0.078% / 1h | -0.078%/h | longs | -0.082% |
Bitget-2.000%/h
longsrate -2.000% / 1hsnipe +1.840%
Bitunix-1.790%/h
longsrate -1.790% / 1hsnipe +1.630%
Binance-1.742%/h
longsrate -1.742% / 1hsnipe +1.582%
Aster-1.715%/h
longsrate -1.715% / 1hsnipe +1.555%
Hyperliquid← you are here-0.500%/h
longsrate -0.500% / 1hsnipe +0.340%
Bybit+0.260%/h
shortsrate +0.260% / 1hsnipe +0.100%
OKX-0.243%/h
longsrate -0.485% / 2hsnipe +0.325%
Gate-0.078%/h
longsrate -0.078% / 1hsnipe -0.082%
Max spread across exchanges: +2.260%/h
INIT across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
Bybitevery 1hGateevery 1hOKXevery 2hHyperliquidevery 1hAsterevery 1hBitunixevery 1hBinanceevery 1hBitgetevery 1hrate 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
0.0074%/h
widest spread
4.000%/h
10.11 21:00 UTC · 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 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.