Timestamp when the funding rate was last updated, in milliseconds since epoch (UTC). This field may be absent for funding rates sourced from perp DEX exchanges (Paradex, Pacifica, Hyperliquid, Extended)
funding_rate_interval
string (integer)
No
Funding rate interval in hours (decimal as string). Common values: "1" (hourly), "4" (every 4 hours), "8" (every 8 hours). Indicates how frequently the funding rate is applied
exchange
string
No
Name of the exchange (e.g., "Binance", "Bybit", "OKX", "Bitget", "Hyperliquid", "Paradex", "Pacifica", "Extended")
pair
string
No
Base token symbol for the perpetual futures contract (e.g., "BTC", "ETH", "SOL", "ZETA")
rate
string (decimal)
No
Current funding rate as a percentage (decimal as string). Positive values indicate longs pay shorts; negative values indicate shorts pay longs. Example: "0.01" = 1%, "-0.00609876" = -0.609876%
Notes
Rate Format: The rate field is returned as a string (decimal) to preserve precision. The value represents a percentage (e.g., "0.01" = 1%, not 0.01%).
Funding Rate Intervals: Different exchanges apply funding rates at different intervals:
Hourly (interval = "1"): Common for DEX exchanges like Hyperliquid, Paradex, Pacifica, Extended
Every 4 hours (interval = "4"): Common for Binance, Bitget, Bybit
Every 8 hours (interval = "8"): Common for OKX, Bybit, Bitget for certain pairs
Rate Direction:
Positive rates: Long positions pay funding fees to short positions
Negative rates: Short positions pay funding fees to long positions
Caching: This endpoint is cached for 300 seconds (5 minutes) to reduce load on the funding rate oracle.