Binance Contract Funding Rate (USDT)

Description

Funding rates are periodic payments made to either long or short traders, calculated based on the difference between the perpetual contract prices and spot prices. When the market is bullish, the funding rate is positive and tends to rise over time. In these situations, traders who are long on a perpetual contract will pay a funding fee to traders on the opposing side. Conversely, the funding rate will be negative when the market is bearish, where traders who are short on a perpetual contract will pay a funding fee to long traders.

More details on Binance web-site.

Access

Restricted Access.

Measuring Unit

Ratio

Data Type

Timeseries Data

Frequency

Eight-Hour Intervals

Latency

Funding Rates Latency

Available Assets

Available for these assets

SanAPI

Available under the usdt_binance_funding_rate name.

Note: The metric is also accessible under the old name usdt_bnb_funding_rates. Please start using the new name.

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{
  getMetric(metric: "usdt_binance_funding_rate") {
    timeseriesData(
      slug: "bitcoin"
      from: "2021-04-01T00:00:00Z"
      to: "2021-04-07T00:00:00Z"
      interval: "8h"
    ) {
      datetime
      value
    }
  }
}

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