← radarnow $375K·series over 53m·event closed, lasted 55m
REZ — funding rate on Hyperliquid
Hyperliquid · REZ-0.041%per 1h · -0.041%/hlongs receive
last settlement-0.010%→upcoming payout-0.041%▲ heating up
38:06settlement
2calmheat
Price (mark)
0.002658
+4.3% 24h
Vol 24h
$721K
Open interest
$391K
Price move in 2 min
—
avg 7d
0.000%/h
avg 30d
+0.001%/h
Price and skew
Price and settlements
273 five-minute candles — a day around the event
updown▲ settlement and rate
Imbalance dynamicsPRO · open for now
positions are unwindingthe exit phase: entering now bets on what's left of the move
OI, REZpricesettlements · 1h
over the seriespositions-9.9%price-11.1%
Event life curvePRO · open for now
Appears once the event closes: the curve is built from finished ones only.
Entry economics
Position calculator
- Position size
- $1,500
- Funding per settlement (1h)
- $0.61 · $0.61/hour
- Net snipe per settlement
- $-1.79 = 0.041% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.25×needs 0.160%+ per settlement
- Liquidation price
- 0.001785 (−32.83% 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 (1)
before cut-off · 5m · the snipe window (1)
avg-1.31%
max-1.31%
after · 5m
avg+1.03%
max+1.03%
before cut-off · 15m
avg-2.80%
max-2.80%
after · 15m
avg-1.33%
max-1.33%
Settlement profilePRO · open for now
Building from upcoming settlements: 1 of 3 captured. Each one is added within fifteen minutes of the payout.
Context and comparison
Funding history · 750 settlements
avg 7d 0.000%/havg 30d +0.001%/h
REZ on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -0.345% / 4h | -0.086%/h | longs | +0.185% |
| Binance | -0.239% / 4h | -0.060%/h | longs | +0.079% |
| Bitget | -0.176% / 4h | -0.044%/h | longs | +0.016% |
| Hyperliquid ← you are here | -0.041% / 1h | -0.041%/h | longs | -0.119% |
Bybit-0.086%/h
longsrate -0.345% / 4hsnipe +0.185%
Binance-0.060%/h
longsrate -0.239% / 4hsnipe +0.079%
Bitget-0.044%/h
longsrate -0.176% / 4hsnipe +0.016%
Hyperliquid← you are here-0.041%/h
longsrate -0.041% / 1hsnipe -0.119%
Max spread across exchanges: +0.046%/h
Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 4hBinanceevery 4hBitgetevery 4hHyperliquidevery 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
0.0000%/h
widest spread
0.0036%/h
26.07 09:00 · Bybit ↔ Hyperliquid
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.