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# Aggregated Futures Funding Rate

The average funding rate weighted by open interest from futures markets converted to a specified time period.

Name | MetricID | Category | Subcategory | Type | Unit | Interval |

Funding rate, aggregated, futures, USD-margined, 8 hours | futures_aggregate_funding_rate_usd_margin_8h_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, USD-margined, 1 day | futures_aggregate_funding_rate_usd_margin_1d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, USD-margined, 30 days | futures_aggregate_funding_rate_usd_margin_30d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, USD-margined, 1 year | futures_aggregate_funding_rate_usd_margin_1y_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, coin-margined, 8 hours | futures_aggregate_funding_rate_coin_margin_8h_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, coin-margined, 1 day | futures_aggregate_funding_rate_coin_margin_1d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, coin-margined, 30 days | futures_aggregate_funding_rate_coin_margin_30d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, coin-margined, 1 year | futures_aggregate_funding_rate_coin_margin_1y_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, all-margined, 8 hours | futures_aggregate_funding_rate_all_margin_8h_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, all-margined, 1 day | futures_aggregate_funding_rate_all_margin_1d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, all-margined, 30 days | futures_aggregate_funding_rate_all_margin_30d_period | Market | Futures | Percentage | Dimensionless | 1 hour |

Funding rate, aggregated, futures, all-margined, 1 year | futures_aggregate_funding_rate_all_margin_1y_period | Market | Futures | Percentage | Dimensionless | 1 hour |

The

`futures_aggregate_funding_rate_usd_margin_*`

metrics represent the average funding rate weighted by open interest from perpetual futures markets where the margin asset is U.S. dollars or stablecoins converted to a specified time period.The

`futures_aggregate_funding_rate_coin_margin_*`

metrics represent the average funding rate weighted by open interest from perpetual futures markets where the margin asset is equivalent to the underlying base asset converted to a specified period.The

`futures_aggregate_funding_rate_all_margin_*`

metrics represent the average funding rate weighted by open interest from all perpetual futures markets, regardless of the margin asset, converted to a specified time period.These metrics have a publication frequency of once per hour and represent the average funding rate converted to 8 hour, 1 day, 30 day, and 1 year time periods.

Most, but not all, exchanges pay out the funding rate every 8 hours. Thus, standardizing the funding rate period is a step needed for each of the calculation of the funding rate metrics. For a funding rate

$FR$

with an period $P$

, expressed in hours, the 8-hour funding rate $FR_{8}$

is calculated as follows:$FR_{8} = \frac{P}{8} FR$

For a list of markets

$X$

, where each market $m$

has funding rate $FR_{m}$

and open interest $OI_{m}$

converted to U.S. dollars, the aggregate funding rate $AFR_{X}$

is calculated as:$AFR_{x} = \frac{\sum_{m \in X} OI_{m} FR_{m,8}}{\sum_{m \in X} OI_{m}}$

{

"data" : [ {

"asset" : "btc",

"time" : "2023-09-19T19:00:00.000000000Z",

"futures_aggregate_funding_rate_all_margin_8h_period" : "0.0000301358130541726"

}, {

"asset" : "btc",

"time" : "2023-09-19T20:00:00.000000000Z",

"futures_aggregate_funding_rate_all_margin_8h_period" : "0.0000305589276681095"

}, {

"asset" : "btc",

"time" : "2023-09-19T21:00:00.000000000Z",

"futures_aggregate_funding_rate_all_margin_8h_period" : "0.0000327674045704149"

}, {

"asset" : "btc",

"time" : "2023-09-19T22:00:00.000000000Z",

"futures_aggregate_funding_rate_all_margin_8h_period" : "0.0000328893535861447"

}, {

"asset" : "btc",

"time" : "2023-09-19T23:00:00.000000000Z",

"futures_aggregate_funding_rate_all_margin_8h_period" : "0.0000328738735624742"

} ]

}

: The id of the asset.**asset**

: The exchange-reported time in ISO 8601 date-time format. Always with nanoseconds precision.**time**

: The weighted-average funding rate.**futures_aggregate_funding_rate_all_margin_8h_period**

- Released on September 19, 2023