Aggregated Funding Rate
Metric Description
Aggregated Funding Rate calculates the weighted average of the funding rates for coin-margin and USD-margin perpetual futures trading pairs on different exchanges.
1) The funding rate is positive, indicating that the amount of funds for long positions is greater than the amount of funds for short positions. At this time, longs will pay funding fees to shorts.
2) The funding rate is negative, indicating that the amount of funds for short positions is greater than the amount of funds for long positions. At this time, shorts will pay funding fees to longs.
Set the SMA parameter to 7, and it is observed that the funding rate has an early warning and verification effect on the price trend.
Exchange statistics include Binance, OKX, Bybit, Deribit, BitMEX, Huobi, Bitfinex, Kraken, DYDX.