Research Readings Funding and positioning
Funding minus premium index
Latest observed funding settlement rate minus the current exact-minute published premium index, in signed fractions.
Full definition and limits
A descriptive difference between differently timed series, not an expected funding payment or arbitrage return.
- Live monitoring
- Unsupported: historical only
- Observed
- latest funding minus the published premium index
- Unit
- Signed fraction (0.01 is 1%)
- Valid range
- -2 to 2
Technical details
Field ID
feature.funding_basis_divergence
Valid query operators
at least, at most, between
Window operators: lowest, highest, average, latest or change in, over a trailing window.
Editable query preset
Example: A recorded value of 1 signed_fraction can be used in the editable condition below.
Derived from the valid range. Review and edit before running.
{
"schema_version": "research_query.v2",
"normalization_version": "archive_normalization.v1",
"feature_version": "feature_defs.v1",
"target": "record_occurrences",
"where": {
"all": [
[
"feature.funding_basis_divergence",
"gte",
1
],
[
"times.anchor_time",
"gte",
"2025-07-15T00:00:00.000Z"
]
]
},
"sort": [
"times.anchor_time",
"desc"
],
"page": {
"limit": 5,
"cursor": null
}
}The search reports how often the record held this condition and what followed. It does not decide whether an idea works.