Research Readings Funding and positioning
Funding rate
Also shown as Funding rate (latest)
The latest observed signed perpetual funding rate known at the research minute. Positive funding means longs pay shorts; negative funding reverses that direction.
Who pays whom?
- Live monitoring
- Binance Futures only; depends on the full setup
- Observed
- the venue value last published before that minute
- Unit
- Rate as a fraction (0.0001 is 0.01%)
- Valid range
- -0.05 to 0.05
How to read it, with examples
How to read it
This is a raw rate fraction: 0.0001 means 0.01%, not 0.0001%. If applied at settlement to $10,000 of position notional, that rate corresponds to $1. Larger absolute values imply larger payments per unit of notional for that settlement interval. The value holds from the last funding observation and is absent before the first one.
Separate positive, near-zero and negative funding conditions when comparing recorded outcomes. Compare payment magnitudes only with the relevant contract's settlement interval in view.
What it does not prove
The snapshot is not an annualized yield, a guaranteed next settlement rate or a record of your payments. Its sign does not count long and short traders or prove price will reverse.
More limits
Funding intervals can vary.
Technical details
Registry definition
Most recent Binance perpetual funding rate known at the bucket.
Field ID
feature.funding_rate
Valid query operators
at least, at most, between
Window operators: lowest, highest, average, latest or change in, over a trailing window.
Editable query preset
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_rate",
"gte",
0.025
],
[
"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.