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Data / Perpetual funding rate / 2024
What traders holding long perpetual futures paid those holding shorts, annualised, since 2019.
Perpetual funding rate, annualised opened 2024 at 45.4% (January 1, 2024) and closed at 13.7% (December 31, 2024), down 69.8%. The high was 46.5% on March 5, 2024 and the low -11.6% on April 19, 2024.
| Month | Month end |
|---|---|
| January 2024 | 7.9% |
| February 2024 | 26.3% |
| March 2024 | 35.3% |
| April 2024 | -2.0% |
| May 2024 | 12.4% |
| June 2024 | 6.4% |
| July 2024 | 10.9% |
| August 2024 | 1.6% |
| September 2024 | 6.1% |
| October 2024 | 13.0% |
| November 2024 | 20.5% |
| December 2024 | 13.7% |
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 · 2023 · 2022 · 2021 · 2020 · 2019
Also in 2024: 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