← radar
-0.100%per 4h · -0.025%/hlongs receive
last settlement-0.089%→upcoming payout-0.100%• unchanged
43:06settlement
1calmheat
Price (mark)
0.10923
-20.2% 24h
Vol 24h
$89.1M
Open interest
$2.5M
Price move in 2 min
—
avg 7d
-0.064%/h
avg 30d
-0.019%/h
Price and skew
Price and settlements
91 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$138K
$89K longs$49K shorts
Longs were wiped — 65% of the total. $478 over the last hour.
Imbalance dynamicsPRO · free in beta
now $3.0M·series over 7h 38m·event closed, lasted 2h 15m
now $3.0M·series over 7h 38m·event closed, lasted 2h 15m
imbalance is growingthe crowd keeps loading the paying side — the event is still being fed
OI, INITpricesettlements · 4h
over the seriesover the last hourpositions+19.6%+3.6%price-17.7%-8.7%
Event life curvePRO · free in beta
Appears once the event closes: the curve is built from finished ones only.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $2.49 · $0.62/hour
- Net snipe per settlement
- $-1.51 = 0.100% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.62×needs 0.160%+ per settlement
- Liquidation price
- 0.08793 (−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 (30)
before cut-off · 5m · the snipe window (30)
avg+0.94% | -1.34%
max-3.69%
after · 5m
avg+1.15% | -1.68%
max-4.92%
before cut-off · 15m
avg+1.98% | -1.85%
max+7.53%
after · 15m
avg+1.95% | -2.87%
max-12.86%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 12.11 03:00 | -0.043% | -2.98% | +0.02% |
| 12.11 02:00 | -0.118% | +3.28% | -2.50% |
| 12.11 01:00 | -0.104% | -0.77% | -3.52% |
| 12.11 00:00 | -0.050% | -1.47% | +0.08% |
| 11.11 23:00 | -0.066% | -0.37% | +0.77% |
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 · 511 settlements
INIT on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitunix | -0.086% / 1h | -0.086%/h | longs | -0.074% |
| Binance | -0.077% / 1h | -0.077%/h | longs | -0.083% |
| Aster | -0.057% / 1h | -0.057%/h | longs | -0.103% |
| Hyperliquid | -0.044% / 1h | -0.044%/h | longs | -0.116% |
| OKX ← you are here | -0.100% / 4h | -0.025%/h | longs | -0.060% |
| Gate | -0.016% / 1h | -0.016%/h | longs | -0.144% |
| Bitget | -0.006% / 1h | -0.006%/h | longs | -0.154% |
| Bybit | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
Bitunix-0.086%/h
longsrate -0.086% / 1hsnipe -0.074%
Binance-0.077%/h
longsrate -0.077% / 1hsnipe -0.083%
Aster-0.057%/h
longsrate -0.057% / 1hsnipe -0.103%
Hyperliquid-0.044%/h
longsrate -0.044% / 1hsnipe -0.116%
OKX← you are here-0.025%/h
longsrate -0.100% / 4hsnipe -0.060%
Gate-0.016%/h
longsrate -0.016% / 1hsnipe -0.144%
Bitget-0.006%/h
longsrate -0.006% / 1hsnipe -0.154%
Bybit+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Max spread across exchanges: +0.087%/h
INIT across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
OKXevery 4hBitgetevery 1hGateevery 1hHyperliquidevery 1hAsterevery 1hBybitevery 1hBinanceevery 1hBitunixevery 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
0.0295%/h
widest spread
4.000%/h
10.11 21:00 UTC · Bybit ↔ Bitunix
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.