← radar
-0.022%per 8h · -0.003%/hlongs receive
last settlement-0.016%→upcoming payout-0.022%• unchanged
5:18:42settlement
0calmheat
Price (mark)
2.557
+7.4% 24h
Vol 24h
$8.3M
Open interest
$6.0M
Price move in 2 min
—
avg 7d
0.000%/h
avg 30d
0.000%/h
Price and skew
Liquidations
24h$105K
$105K longs$269 shorts
Longs were wiped — 100% of the total. $2K over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.55 · $0.07/hour
- Net snipe per settlement
- $-3.45 = 0.022% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.14×needs 0.160%+ per settlement
- Liquidation price
- 2.0584 (−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 · 250 settlements
ICP on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| OKX ← you are here | -0.022% / 8h | -0.003%/h | longs | -0.138% |
| Gate | -0.015% / 8h | -0.002%/h | longs | -0.145% |
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bitget | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bybit | +0.005% / 8h | +0.001%/h | shorts | -0.155% |
| Aster | +0.002% / 8h | 0.000%/h | shorts | -0.158% |
| Bitunix | -0.001% / 8h | -0.000%/h | longs | -0.159% |
| Binance | +0.001% / 8h | 0.000%/h | shorts | -0.159% |
OKX← you are here-0.003%/h
longsrate -0.022% / 8hsnipe -0.138%
Gate-0.002%/h
longsrate -0.015% / 8hsnipe -0.145%
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bitget+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bybit+0.001%/h
shortsrate +0.005% / 8hsnipe -0.155%
Aster0.000%/h
shortsrate +0.002% / 8hsnipe -0.158%
Bitunix-0.000%/h
longsrate -0.001% / 8hsnipe -0.159%
Binance0.000%/h
shortsrate +0.001% / 8hsnipe -0.159%
Max spread across exchanges: +0.004%/h
ICP across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
Hyperliquidevery 1hBitgetevery 8hBinanceevery 8hBitunixevery 8hGateevery 8hAsterevery 8hBybitevery 8hOKXevery 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
0.0014%/h
widest spread
0.0066%/h
06.11 20:00 UTC · Gate ↔ 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.