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FUNDING markets

Trade Funding Conditions

Take a position on changes and divergence in perpetual funding markets.
Markets
03
Feeds live
03/03
Behaviour
Opposing flows

Featured market

LiveLive data

BTC FUNDING SPREAD

Will the BTC funding spread settle above 5 bps?

Current
0.80 bps
Expiry
Probability
2%
24H Δ
+0.49 bps
  • ABOVE 5 BPS0.02
  • BELOW 5 BPS0.98
Open market

How FUNDING markets work

Funding is the periodic payment between longs and shorts in perpetual markets. Its level, its spread across venues and its persistence over time all describe positioning pressure that price alone does not show.

FUNDING markets read live rates from Binance (8-hour windows) and Hyperliquid (hourly, scaled to an 8-hour equivalent) and settle at the next funding timestamp.

Defined outcomesFixed UTC expiryPublished methodologyLive exchange feeds

All FUNDING markets