FTX Contract Funding Rate
Description
If the perpetual is trading at a premium to the underlying index, long positions pay funding to the short positions. If the perpetual is trading at a discount to the underlying index, short positions pay funding to long positions. The funding rate to be paid/received is determined by the following formula:
position size * TWAP of ((future mark price - index) / index) / 24
More details on the FTX website.
Access
Measuring Unit
Ratio
Data Type
Frequency
Latency
Available Assets
Available for these assets
SanAPI
Available under the ftx_perpetual_funding_rate name.
{ getMetric(metric: "ftx_perpetual_funding_rate") { timeseriesDataJson( slug: "bitcoin" from: "2021-04-01T00:00:00Z" to: "2021-04-07T00:00:00Z" interval: "1h" ) }}