Funding Rates

Funding rates are a small fee that keeps the crypto futures market in balance. When you trade perpetual futures (like BTC-USDT), funding rates ensure the price stays close to the actual asset’s value. When the market’s super bullish, long traders pay shorts; when it’s bearish, shorts pay longs. We usually update this data every 8 hours.

A spike in funding rates often signals a big liquidation is coming. If there’s a sharp drop followed by a rise and aggressive shorting, the rate turns negative, hinting the market could climb higher. On the flip side, if rates stay positive during a price drop, it suggests not enough liquidation has happened, and the drop could deepen.

Data is pulled in real-time from Binance, OKX, Bybit, Coinbase, and Bitget.