Practical guide
How Perpetual Funding Rates Work
Funding periodically transfers value between long and short positions in a perpetual market. It helps keep the perpetual price close to the underlying market, but it is not a forecast.
Read the direction
Positive funding generally means longs pay shorts; negative funding reverses that relationship. The rate and interval both matter.
Pair funding with open interest
Open interest shows outstanding positions. Read it with price and funding rather than using any one measure as a trading signal.
Separate research from execution
Market data can inform a decision, but leverage and liquidation risk remain. Use a position size you understand before placing an order.