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.

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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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