Macro Indicators

Funding Rate

What perpetual-futures longs/shorts pay each other every 8 hours

Category: Macro Indicators Also known as: 3 Related terms: 1

Definition

Periodic payment in perp-futures anchoring perp price to spot. Positive = longs pay shorts (market leans long; extreme positives = contrarian top-signal). Negative = shorts pay longs (market leans short; extreme negatives = bottom-signal).

Context anchor

Sustained >+0.10% (8h) = elevated bullish leverage; <−0.05% = bearish leverage

Example

Funding rate +0.05% — longs pay shorts; bullish leverage building

Also known as

funding rateperp fundingperpetual funding