When the market is bearish, the funding rate is negative and short traders pay long traders. Major Spikes Could be Coming for Binance Coin (BNB), Axie Infinity (AXS ... Binance offers . . Mohit Sorout - a founding partner at Bitazu Capital and a respected trader - pointed to this trend in a recent tweet, noting that it is particularly clear while looking at Binance and BitMEX. When the market is bearish, the funding rate is negative and short traders pay long traders. Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures . . In contrast, a negative funding rate means that short positions pay longs. It is an amount that changes every 8 hours and is only exchanged between traders. However, the situation on Binance today is the exception rather than the rule. Funding Rates For Perpetual Swaps - coinglass Interestingly, the negative funding rates are deepening, despite the fact that the price has bounced off the bottom at $32,900 and is rising . Since Binance offers both types of markets within a single platform, users can very rapidly transfer funds between spot and . Bitcoin (BTC) Funding Rate and Predicted Funding Rate Bitcoin Trades Around $13,000 as Momentum Stalls Funding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices. Funding rate arbitrage. Funding Rates Aggregator Funding rates on Binance are collected every hour and we can see that some crypto assets have reached more than 1% a day. Funding Rate Arbitrage Calculator-Coinglass Negative Rates. After that, the funding rate converted from positive to negative allowing me only to long bitcoin. Funding Rates For Perpetual Swaps-Funding Rates Compare-Funding rates ... For nearly 3 months, the Bitcoin market has been in a downtrend from the all-time high (ATH) of $69,000 set on Nov 10, 2021. Introduction to Binance Futures Funding Rates | Binance This number is equivalent to 0.6% per week and indicates that longs are the ones paying it. In a bearish market, funding rate is negative.