Question 1

What Is Funding Rate?

Accepted Answer

Funding rate is a periodic payment exchanged between long and short traders on perpetual futures contracts. It keeps the perpetual price anchored to the spot price: - **Positive funding** → Longs pay shorts (market is bullish / overleveraged long) - **Negative funding** → Shorts pay longs (market is bearish / overleveraged short) - **Near zero** → Balanced market Funding is collected **3 times daily** at UTC 00:00, 08:00, and 16:00.

Question 2

Table Columns

Accepted Answer

| Column | Description | |--------|-------------| | **Rank** | Position in sorted list | | **Symbol** | Trading pair (e.g., BTCUSDT) | | **Exchange** | Binance or Bybit | | **Funding Rate** | Current rate (e.g., 0.01% = 0.0001) | | **Annualized Rate** | Rate × 3 × 365 (e.g., 0.01% → 10.95%/year) | | **Mark Price** | Current mark price | | **Next Funding** | Time until next payment | | **Predicted Rate** | Forecast for next period (if available) | | **OI Value (USD)** | Open interest in USD | | *

Question 3

Understanding Annualized Rate

Accepted Answer

The annualized rate helps compare funding costs across timeframes: ``` Annualized = Funding Rate × 3 (per day) × 365 (days) × 100 (to %) ``` | Funding Rate | Annualized | Interpretation | |-------------|------------|----------------| | 0.01% | 10.95% | Normal | | 0.05% | 54.75% | Elevated — strong directional bias | | 0.10% | 109.5% | Extreme — reversal risk high | | -0.01% | -10.95% | Normal bearish |

Question 4

Sorting & Filtering

Accepted Answer

Sort the table by: - **Funding Rate** (default) — by absolute value, highest first - **Annualized Rate** — by yearly equivalent - **Mark Price** — by current price - **Symbol** — alphabetically Filter by exchange (Binance, Bybit, or both) and search by symbol name.

Question 5

Setting Up Funding Alerts

Accepted Answer

Get Telegram notifications when funding rates exceed your thresholds.

Question 6

Alert Set Parameters

Accepted Answer

| Parameter | Range | Default | |-----------|-------|---------| | **Name** | 1–100 characters | — | | **Exchanges** | Binance, Bybit, or all | All | | **Threshold Rate** | > 0%, ≤ 10% | 0.1% | | **Direction** | Both / Positive / Negative | Both | | **Top N** | Limit to top N symbols | 20 | | **Min listing days** | 0–365 | 0 | | **Daily limit** | 1–10 | 5 | > **Tip:** Set direction to "Negative" to specifically track extreme short sentiment — these often precede short squeezes.

Question 7

Trading Strategies Using Funding

Accepted Answer

Common approaches: - **Funding arbitrage** — go long on spot, short on perp when positive funding is extreme (collect funding) - **Sentiment confirmation** — high positive funding + rising OI may signal a crowded long trade - **Reversal signal** — extreme funding rates (>0.1%) often precede sharp corrections

Question 8

FAQ

Accepted Answer

**Q: What is a "normal" funding rate?** A: For BTC/ETH, 0.005%–0.015% is typical. Rates above 0.05% or below -0.03% are considered elevated. **Q: How often is funding data updated?** A: Every few minutes from both exchanges. Cached for fast display with minimal delay. **Q: Can I track historical funding rates?** A: Historical funding data is stored in the database. The tracker shows current rates; for historical analysis, use the funding rate indicator in backtests.

Question 9