GET /crypto/funding-rates - MarketDataset

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

Name	Type	Required	Description
`symbol`	string	Yes	Futures symbol, e.g. `BTCUSDT`, `ETHUSDT`
`exchange`	string	No	Exchange (default: `binance`)
`start_date`	string	No	ISO 8601 date
`end_date`	string	No	ISO 8601 date
`limit`	integer	No	Records to return (default: `100`, max: `1000`)
`cursor`	string	No	Pagination 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"

import requests

response = requests.get(
    "https://api.marketdataset.ai/crypto/funding-rates",
    params={"symbol": "BTCUSDT", "limit": 10},
    headers={"X-API-KEY": "sk_your_key"},
)
print(response.json())

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

Rate	Annualized	Signal
`+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