Funding RateFR

资金费率

Sentiment & DerivativesP0 CoreFutures DerivativesApplies to: US stocks

Definition

Periodic funding payment between perpetual longs and shorts, anchoring the perpetual to spot.

Formula

Funding=Notional×[Premium+clamp(Interest−Premium, −0.05%, +0.05%)] (Binance standard, clamp bounds ±0.05%), settled every 8h, annualized≈rate×3×365

How to read it

Extremely high positive funding = crowded/overheated longs (contrarian bearish); deeply negative = crowded shorts (often precedes a bounce).

Outputvalue/series
Data source: Various exchanges (Coinglass). Public knowledge, not investment advice.

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Reference metadata — public, well-known indicator definitions. Not investment advice.