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Coinglass Funding Rate

coinglass_funding_rate
Read-onlyIdempotent

Funding rates for BTC across exchanges (perpetual futures). Returns per-exchange current funding rate, interval, and next funding time for a coin symbol. Example: coinglass_funding_rate({ symbol: "BTC", _apiKey: "your-key" })

Input Schema

NameRequiredDescriptionDefault
symbolYesCoin symbol, e.g. "BTC", "ETH", "SOL"
_apiKeyYesCoinGlass API key (get one at coinglass.com — Hobbyist plan ~$29/mo)
exchangeNoOptional — filter to a single exchange, e.g. "Binance", "OKX", "Bybit"

Schema Changelog

Changes observed during successful MCP inspections.

  1. First observed

TDQS

A3.5/5.0
Behavior4/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already declare readOnly, idempotent, and openWorld, so safety is covered; the description adds real value by enumerating the returned fields (per-exchange funding rate, interval, next funding time). It does not mention rate limits or pagination, but with no output schema the field listing is the key disclosure. Nothing contradicts the annotations.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

Front-loaded with the purpose in the first clause, then return fields, then a compact example. No filler sentences. The example is arguably redundant with the schema examples but costs little.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

With no output schema, describing the returned fields is essential and is done adequately. The API-key requirement and optional exchange filter are covered by the schema. Missing only edge-case behavior (unknown symbols, invalid exchange) and rate-limit expectations.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema description coverage is 100%, so the baseline is 3; the schema already documents symbol, _apiKey, and the optional exchange filter. The description reinforces 'per-exchange' semantics and gives a call example, but adds no format or syntax detail beyond the schema.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose4/5

Does the description clearly state what the tool does and how it differs from similar tools?

States a specific verb+resource: funding rates for a coin symbol across perpetual-futures exchanges, and names the fields returned (current rate, interval, next funding time). It is distinguishable from siblings like coinglass_open_interest and coinglass_long_short_ratio. The lead phrase 'for BTC' is slightly misleading since the tool is parameterized by any symbol, though the example and schema clarify.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines2/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

No when-to-use or when-not-to-use guidance and no routing to alternatives despite several closely related Coinglass siblings. The only selection help is the schema's note that 'exchange' is optional for filtering. An agent must infer when funding rates are the right call versus open interest or long/short ratio.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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