Funding Rates

Live Binance perpetual futures funding rates. Elevated rates signal manipulation risk.

CoinBinance RateAnnualizedManipulation SignalRiskNext Funding

What Are Funding Rates and Why Do They Matter?

What is a funding rate?

Funding rates are periodic payments between long and short traders in perpetual futures markets. When rate is positive, longs pay shorts — indicating the market is bullish and overextended. When negative, shorts pay longs — indicating bearish sentiment.

How do rates signal manipulation?

Extreme positive rates (above 0.1%) often precede long squeezes — institutional players push the price down to liquidate over-leveraged longs. Extreme negative rates signal potential short squeezes. Watch for these conditions alongside elevated Trap Scores for high-conviction setups.

How often are rates settled?

Most perpetual contracts settle funding every 8 hours (3× per day). The "Next Funding" column shows the time until the next settlement. Traders holding positions through funding pay or receive the rate multiplied by their position size.

Signal Guide

⚠️ Long squeeze riskRate > 0.1% — longs overcrowded
⚠️ Short squeeze riskRate < -0.1% — shorts overcrowded
🚨 Elevated — watch for traps|Rate| > 0.05%
✅ NormalRate near zero, balanced market