Perpetual Funding Rate
Derivatives· DE: Perpetual-Funding-Rate
The periodic payment between long and short holders of a perpetual futures contract that tethers its price to spot. Read CONTRARIAN as a positioning signal: hot positive funding = crowded longs (bearish tilt); deeply negative funding = crowded shorts / capitulation (bullish tilt).
Calculation
Aggregated average perpetual funding rate (Binance BTC perps, 8h cadence). Percentile-ranked within its own trailing history for the confluence read.
Unit & source
ratio · tradingstrategies.work Confluence-State methodology
Related terms
Definitions are for research and education. Metrics describe market conditions — not financial advice or a buy/sell signal.