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Perpetual funding rate in 2022

What traders holding long perpetual futures paid those holding shorts, annualised, since 2019.

Perpetual funding rate, annualised opened 2022 at 10.1% (January 1, 2022) and closed at -0.2% (December 31, 2022), down 102.2%. The high was 10.1% on January 1, 2022 and the low -82.3% on November 15, 2022.

Perpetual funding rate, annualised, month by month in 2022

MonthMonth end
January 2022-1.5%
February 20220.0%
March 20220.2%
April 20220.7%
May 20224.2%
June 20221.5%
July 20222.2%
August 2022-0.3%
September 2022-1.4%
October 20220.9%
November 2022-4.1%
December 2022-0.2%

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 · 2021 · 2020 · 2019

Also in 2022: 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

The full history · CSV