Funding Rates
Funding rates are the primary sentiment indicator for leveraged crypto markets: every 8h the crowded side of the market pays a small fee to the under-crowded side. We aggregate across the three biggest perpetual exchanges (~80% of global BTC perp volume), showing daily values as bars + 7-day MA as the trend line.
- Formula:
- avg(daily_mean(binance), daily_mean(bybit), daily_mean(okx))
- Originator:
- Standard pattern (Coinglass / CryptoQuant / Glassnode Studio)
- Data source:
- Binance Futures + Bybit V5 + OKX Public APIs · arithmetisches Cross-Exchange-Mittel
Strategies to backtest
Thematically related strategies from our library — try them in the backtest engine or read up on the methodology.
Trade the market mood, not the noise — average sentiment over a defined cadence window. A unique sentiment-driven strategy for crypto.
Open strategy →The textbook RSI strategy — buy when oversold (RSI < 30), sell when overbought (RSI > 70). Best in sideways markets.
Open strategy →More Bitcoin indicators
Difference between market cap and realized cap, normalised by standard deviation. Values above 7 historically marked every top, below 0 every bottom.
Aggregated unrealised profit of all coins, five phase bands from capitulation to euphoria. Measures on-chain market sentiment.
Ratio between sale price and original cost of all moved coins. Below 1 = sellers at a loss = often a bottom signal. Tabs for STH and LTH.