Skip to main content

Endpoint

GET https://api.marketdataset.ai/crypto/funding-rates
Funding rates are periodic payments between long and short traders in perpetual futures markets. They are settled every 8 hours (00:00, 08:00, 16:00 UTC).
  • Positive rate: Longs pay shorts — bullish sentiment (market is net long)
  • Negative rate: Shorts pay longs — bearish sentiment (market is net short)
Extreme funding rates often precede reversals.

Parameters

NameTypeRequiredDescription
symbolstringYesFutures symbol, e.g. BTCUSDT, ETHUSDT
exchangestringNoExchange (default: binance)
start_datestringNoISO 8601 date
end_datestringNoISO 8601 date
limitintegerNoRecords to return (default: 100, max: 1000)
cursorstringNoPagination cursor

Credit cost

$0.010 per request

Example request

curl "https://api.marketdataset.ai/crypto/funding-rates?symbol=BTCUSDT&limit=10" \
  -H "X-API-KEY: sk_your_key"

Example response

{
  "funding_rates": [
    {
      "symbol": "BTCUSDT",
      "exchange": "binance",
      "funding_rate": 0.0001234,
      "funding_time": "2024-11-01T16:00:00+00:00",
      "mark_price": 68234.56
    }
  ],
  "next_page_url": null,
  "meta": {
    "request_id": "req_abc123",
    "credits_used": 0.01,
    "credits_remaining": 49.99
  }
}

Interpreting funding rates

RateAnnualizedSignal
+0.01%+109.5%Extreme greed — reversal risk
+0.005%+54.75%Bullish
0.00%0%Neutral
-0.005%-54.75%Bearish
-0.01%-109.5%Extreme fear — bounce potential