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Aggregated Futures Funding Rate

Definition

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

Details

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
FRFR
 with an period
PP
, expressed in hours, the 8-hour funding rate
FR8FR_{8}
 is calculated as follows:
FR8=P8FRFR_{8} = \frac{P}{8} FR
For a list of markets
XX
, where each market
mm
 has funding rate
FRmFR_{m}
 and open interest
OImOI_{m}
 converted to U.S. dollars, the aggregate funding rate
AFRXAFR_{X}
 is calculated as:
AFRx=∑m∈XOImFRm,8∑m∈XOImAFR_{x} = \frac{\sum_{m \in X} OI_{m} FR_{m,8}}{\sum_{m \in X} OI_{m}}

Example

{
"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"
} ]
}
  • asset: The id of the asset.
  • time: The exchange-reported time in ISO 8601 date-time format. Always with nanoseconds precision.
  • futures_aggregate_funding_rate_all_margin_8h_period: The weighted-average funding rate.

Release History

  • Released on September 19, 2023

Availability for Assets

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Last modified 2mo ago