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AlgoChains

AlgoChains MCP Server

Official
by AlgoChains

get_funding_rate

Read-onlyIdempotent

Retrieve real-time perpetual futures funding rates from Binance, Bybit, and Hyperliquid to identify arbitrage opportunities and predict funding-driven price pressure.

Instructions

Get real-time perpetual futures funding rates from Binance, Bybit, and Hyperliquid. Identifies funding rate arbitrage opportunities and predicts funding-driven price pressure.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
symbolYesCrypto symbol e.g. BTCUSDT, ETHUSDT
exchangesNo
Behavior4/5

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

The description adds context beyond annotations (readOnly, idempotent) by stating the tool is real-time and performs predictive analysis. It does not contradict annotations and provides useful behavioral insight.

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

Conciseness5/5

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

Two sentences, front-loaded with the core purpose. No extraneous information; every sentence serves a purpose.

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?

The tool is simple with 2 parameters and no output schema. The description covers inputs and purpose but omits details about return format or error handling. Adequate given the safety annotations.

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 coverage is 50% (symbol documented, exchanges not). The description partially compensates by naming the default exchanges, but does not elaborate on parameter format or options. Baseline 3 is appropriate.

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

Purpose5/5

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

The description clearly specifies the verb 'Get' and the resource 'real-time perpetual futures funding rates' with specific exchanges (Binance, Bybit, Hyperliquid). It also mentions additional capabilities (arbitrage opportunities, price pressure prediction), making the tool's purpose distinct from siblings.

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

Usage Guidelines4/5

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

The description implies usage for retrieving funding rates but does not explicitly state when to use this tool over alternatives or provide exclusions. Given the specificity, it is clear but lacks explicit guidance.

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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