← radar
-0.005%per 4h · -0.001%/hlongs receive
last settlement-0.009%→upcoming payout-0.005%• unchanged
2:51:17settlement
0calmheat
Price (mark)
0.001319
+8.6% 24h
Vol 24h
$7.1M
Open interest
$532K
Price move in 2 min
—
avg 7d
-0.007%/h
avg 30d
-0.010%/h
Price and skew
Liquidations
24h$4K
$2K longs$2K shorts
Both sides almost equally. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.12 · $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
- 0.001062 (−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 (12)
before cut-off · 5m · the snipe window (12)
avg+0.99% | -0.60%
max+2.65%
after · 5m
avg+1.54% | -2.00%
max-5.21%
before cut-off · 15m
avg+1.76% | -2.60%
max-5.17%
after · 15m
avg+1.68% | -4.33%
max-8.63%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 31.10 00:00 | -0.184% | -2.48% | +0.28% |
| 30.10 22:00 | -0.298% | +3.13% | +2.52% |
| 30.10 20:00 | -1.000% | +0.51% | -0.83% |
| 23.10 12:00 | -0.525% | +1.79% | +1.56% |
| 08.09 19:00 | -0.026% | -2.64% | -2.66% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 12 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 512 settlements
SOPH on 7 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Gate | -0.036% / 4h | -0.009%/h | longs | -0.124% |
| Bybit | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bitget | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| OKX ← you are here | -0.005% / 4h | -0.001%/h | longs | -0.155% |
| Bitunix | +0.002% / 4h | +0.001%/h | shorts | -0.158% |
| Binance | 0.000% / 4h | 0.000%/h | shorts | -0.160% |
| Hyperliquid | -0.000% / 1h | -0.000%/h | longs | -0.160% |
Gate-0.009%/h
longsrate -0.036% / 4hsnipe -0.124%
Bybit+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bitget+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
OKX← you are here-0.001%/h
longsrate -0.005% / 4hsnipe -0.155%
Bitunix+0.001%/h
shortsrate +0.002% / 4hsnipe -0.158%
Binance0.000%/h
shortsrate 0.000% / 4hsnipe -0.160%
Hyperliquid-0.000%/h
longsrate -0.000% / 1hsnipe -0.160%
Max spread across exchanges: +0.010%/h
SOPH across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
7 exchanges on one timeline
Bybitevery 4hBitgetevery 4hHyperliquidevery 1hBinanceevery 4hBitunixevery 4hOKXevery 4hGateevery 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
0.0071%/h
widest spread
0.0602%/h
09.11 01:00 UTC · Bitget ↔ 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.