Funding Rates
Funding rates are the primary sentiment indicator for leveraged crypto markets: every 8h the crowded side of the market pays a small fee to the under-crowded side. We aggregate across the three biggest perpetual exchanges (~80% of global BTC perp volume), showing daily values as bars + 7-day MA as the trend line.
- Formula:
- avg(daily_mean(binance), daily_mean(bybit), daily_mean(okx), daily_mean(deribit)) โ Deribit ab 2026-09-20 (BTC-PERPETUAL, invers/coin-margined; die drei anderen USDT-linear), coverage nennt die Zahl der Venues je Tag
- Originator:
- Standard pattern (Coinglass / CryptoQuant / Glassnode Studio)
- Data source:
- Binance Futures + Bybit V5 + OKX + Deribit Public APIs ยท arithmetisches Cross-Exchange-Mittel ยท Cloud-Cron erreicht OKX + Deribit, Binance/Bybit nur per Handlauf
Strategies to backtest
Thematically related strategies from our library โ try them in the backtest engine or read up on the methodology.
Trade the market mood, not the noise โ average sentiment over a defined cadence window. A unique sentiment-driven strategy for crypto.
Open strategy โThe textbook RSI strategy โ buy when oversold (RSI < 30), sell when overbought (RSI > 70). Best in sideways markets.
Open strategy โMore Bitcoin indicators
Is crypto-internal liquidity expanding or contracting? Stablecoin supply, spot-ETF flows and realized-cap change as 30-day impulses on one percentile scale โ with breadth, dispersion and a declared composition. A state, not a signal.
Difference between market cap and realized cap, normalised by standard deviation. Values above 5 mark the top region (4 of 5 historical bull tops), below 0 every bottom.
BTC price coloured by MVRV Z-Score regime โ from deep accumulation (green) to euphoria (red). Makes valuation phases visible over time.