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NG — funding rate on OKX
OKX · NG-USDT-SWAP+0.667%per 8h · +0.083%/hshorts receive
last settlement+0.415%→upcoming payout+0.667%▲ heating up
4:36:20settlement
4calmheat
Price (mark)
3.451
+10.2% 24h
Vol 24h
$15.3M
Open interest
$3.6M
Price move in 2 min
—
avg 7d
+0.039%/h
avg 30d
+0.014%/h
Price and skew
Price and settlements
186 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$934
$0 longs$934 shorts
Shorts were wiped — 100% of the total. Quiet over the last hour.
Imbalance dynamicsPRO · free in beta
now $3.2M·series over 15h 29m·event closed, lasted 17h 59m
now $3.2M·series over 15h 29m·event closed, lasted 17h 59m
imbalance is growingthe crowd keeps loading the paying side — the event is still being fed
OI, NGpricesettlements · 8h
over the seriesover the last hourpositions-6.4%+4.0%price+7.9%-0.2%
Event life curvePRO · free in beta
Across 5 closed events of this pair: a typical one lives 17h 59m, the peak usually lands at minute 135–140
median across 5 eventsmedian 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 2 of 5 cases
median — 2.13% accrued against a 5.04% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $16.68 · $2.08/hour
- Net snipe per settlement
- $12.68 = 0.667% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 4.17×needs 0.160%+ per settlement
- Liquidation price
- 4.1239 (+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 (14)
before cut-off · 5m · the snipe window (14)
avg+0.68% | -0.17%
max+1.70%
after · 5m
avg+0.24% | -0.21%
max+0.52%
before cut-off · 15m
avg+0.63% | -0.12%
max+1.64%
after · 15m
avg+0.35% | -0.17%
max+0.62%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 10.11 00:00 | +0.873% | +0.54% | +0.62% |
| 09.11 16:00 | +0.975% | +1.35% | +0.45% |
| 07.11 00:00 | +1.000% | +0.71% | -0.26% |
| 06.11 16:00 | +1.000% | +1.64% | +0.36% |
| 14.10 00:00 | +0.370% | +0.14% | +0.41% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 14 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 248 settlements
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.