derivatives.funding_rate
Use this tool when analyzing perpetual futures funding rates, long/short market sentiment crowding, or timing hedging strategies before settlement periods. Aggregates Bybit (primary) and Binance (fallback) perpetual funding rates, plus mark_price/index_price (both paths) and open_interest_usd (Bybit path only - null on the Binance fallback). Do not use for spot market volume or token security checks. Paid in USDC on Base.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Ticker symbol, e.g. BTC, ETH, or BTCUSDT. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| notice | No | ||
| symbol | Yes | ||
| mark_price | No | Perpetual futures mark price at lookup time. Populated on both the Bybit and Binance paths. | |
| data_source | Yes | ||
| index_price | No | Underlying spot index price feeding the perpetual's funding calculation. Populated on both the Bybit and Binance paths. | |
| funding_rate | No | ||
| generated_at | Yes | ||
| predicted_rate | No | ||
| next_funding_time | No | ||
| open_interest_usd | No | Total open interest in USD notional. Only available via the Bybit path - always null on the Binance fallback, since Binance's premiumIndex endpoint does not report open interest. | |
| funding_interval_hours | No | ||
| funding_rate_percentage | No |