dYdX Contract Funding Rate

Funding is calculated algorithmically based on the Index Price and sampled Mid-Market Prices for the perpetual. When the rate is positive (perpetual trades at a premium relative to index), traders who are long will make payments to traders who are short. When the rate is negative (perpetual trades at a discount relative to index), this is reversed and shorts will pay longs. Traders make or receive payments in proportion to the size of their market position. These payments are exchanged solely between traders, and are neither paid nor received by the exchange.

More details on the dYdX website.

Restricted Access.

Ratio

Timeseries Data

Hourly Intervals

Funding Rates Latency

Available for these assets

Available under the dydx_perpetual_funding_rate name.

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{
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  getMetric(metric: "dydx_perpetual_funding_rate") {
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    timeseriesDataJson(
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      slug: "bitcoin"
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      from: "2021-04-01T00:00:00Z"
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      to: "2021-04-07T00:00:00Z"
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      interval: "1h"
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    )
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  }
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}