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Data / Perpetual funding rate / 2023
What traders holding long perpetual futures paid those holding shorts, annualised, since 2019.
Perpetual funding rate, annualised opened 2023 at -0.2% (January 1, 2023) and closed at 43.1% (December 31, 2023), down 20,351.1%. The high was 43.1% on December 31, 2023 and the low -44.1% on March 13, 2023.
| Month | Month end |
|---|---|
| January 2023 | 2.2% |
| February 2023 | 0.6% |
| March 2023 | 5.1% |
| April 2023 | -0.0% |
| May 2023 | 4.5% |
| June 2023 | 10.4% |
| July 2023 | 2.4% |
| August 2023 | 0.5% |
| September 2023 | 6.7% |
| October 2023 | 25.9% |
| November 2023 | 6.3% |
| December 2023 | 43.1% |
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 · 2022 · 2021 · 2020 · 2019
Also in 2023: 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 · Miner prices per terahash · Bitmain releases and the bitcoin price