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Data / Perpetual funding rate / 2019
What traders holding long perpetual futures paid those holding shorts, annualised, since 2019.
Perpetual funding rate, annualised opened 2019 at -20.8% (May 4, 2019) and closed at 5.1% (December 31, 2019), down 124.4%. The high was 126.8% on June 28, 2019 and the low -25.6% on May 11, 2019.
| Month | Month end |
|---|---|
| May 2019 | 82.6% |
| June 2019 | 78.9% |
| July 2019 | -1.1% |
| August 2019 | -0.6% |
| September 2019 | -17.6% |
| October 2019 | 17.7% |
| November 2019 | -0.7% |
| December 2019 | 5.1% |
A perpetual future has no expiry, so it is held to the spot price by a payment between longs and shorts every eight hours. When the rate is positive, longs pay shorts: the market is leaning long and paying for it. Negative means shorts are paying longs to stay short.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020
Also in 2019: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price