← radar
+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
2:06:48settlement
0calmheat
Price (mark)
0.01933
+0.4% 24h
Vol 24h
$1.5M
Open interest
$636K
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
+0.001%/h
Price and skew
Liquidations
24h$21$21 in an hour · no background before that
$21 longs$0 shorts
Longs were wiped — 100% of the total. $21 over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.13 · $0.03/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 0.023099 (+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 (9)
before cut-off · 5m · the snipe window (9)
avg+0.12% | -0.82%
max-1.58%
after · 5m
avg+1.00% | -1.05%
max-1.86%
before cut-off · 15m
avg+0.24% | -0.87%
max-2.78%
after · 15m
avg+0.72% | -1.60%
max-4.06%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 03.10 16:00 | -0.293% | -0.37% | -0.56% |
| 03.10 12:00 | -0.276% | -0.73% | -0.85% |
| 27.09 08:00 | -0.193% | -0.01% | -1.05% |
| 27.09 04:00 | -0.313% | -1.12% | +0.03% |
| 27.09 00:00 | -0.449% | +0.24% | -2.65% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 9 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 501 settlements
2Z on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bitget | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| OKX ← you are here | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Aster | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Gate | +0.004% / 4h | +0.001%/h | shorts | -0.156% |
| Bybit | +0.002% / 4h | 0.000%/h | shorts | -0.158% |
| Binance | -0.002% / 4h | -0.000%/h | longs | -0.158% |
| Bitunix | +0.001% / 4h | 0.000%/h | shorts | -0.159% |
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bitget+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
OKX← you are here+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Aster+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Gate+0.001%/h
shortsrate +0.004% / 4hsnipe -0.156%
Bybit0.000%/h
shortsrate +0.002% / 4hsnipe -0.158%
Binance-0.000%/h
longsrate -0.002% / 4hsnipe -0.158%
Bitunix0.000%/h
shortsrate +0.001% / 4hsnipe -0.159%
Max spread across exchanges: +0.002%/h
2Z across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
OKXevery 4hHyperliquidevery 1hBitgetevery 4hAsterevery 4hGateevery 4hBybitevery 4hBinanceevery 4hBitunixevery 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
0.0015%/h
widest spread
0.0059%/h
08.11 01:00 UTC · OKX ↔ Bybit
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.