Perp Funding Rate Rank

How to read this table

Funding rate is the cash-flow mechanism that keeps a perpetual contract anchored to its spot index. When the crowd is leaning long and the perp trades at a premium to spot, funding is positive — longs pay shorts every 8 hours. The opposite direction makes funding negative. The number captures present positioning, not a forecast — but extreme prints often carry a mean-reverting bias.

Practical thresholds we use as informal guideposts: funding above 0.05% (8h) sustained for more than a day usually signals long-side overheating and a pullback within 24–72h; funding below -0.03% sustained for more than a day signals crowded shorts and tends to be followed by a relief rally. These are heuristics, not mechanical triggers.

Another common use: high positive funding invites delta-neutral arb — buy spot, short perp 1:1, harvest funding as passive income. The math on that lives in the funding arb simulator.

Don't trade off the table alone

Funding rate is a state variable, not a trend. The same +0.05% reads very differently at a bull-market top versus a quiet range — overheating signal in the first case, ordinary positive bias in the second. Reading funding in isolation isn't enough; pair it with price trend, OI dynamics, and account ratios.

We split these dashboards on purpose: OI rank and long/short ratio are the two adjacent panels you should be glancing at alongside this one.