Funding Rate Dashboard
The funding rate is what longs and shorts pay each other every 8 hours in perpetual futures — positive means longs pay shorts (the market is leaning bullish); negative means shorts pay longs.
Fetching data from Binance Futures...
What can you do with this?
- Holding a futures position: funding is a cost (or income) charged every 8 hours — holding a long through high positive funding adds up fast
- Reading market sentiment: unusually high positive funding across many pairs usually means the market is greedy (crowded longs) — historically often followed by sharp pullbacks
- Arbitrage: when funding is very high, some traders short futures while holding equal spot to collect funding (this carries its own risks and costs — study carefully first)
⚠️ The “annualized” figure is simply the current rate × 3 × 365 — funding changes constantly, so real returns will differ.