Funding Data
paradex_funding_dataAnalyze historical funding rates to evaluate position holding costs and uncover funding arbitrage opportunities across markets.
Instructions
Analyze funding rates for potential funding arbitrage or to understand holding costs.
Use this tool when you need to:
- Calculate expected funding payments for a position
- Find markets with extreme funding rates for potential arbitrage
- Understand historical funding patterns for a market
- Evaluate the cost of holding a position over time
This data is critical for assessing the carrying cost of positions
and identifying potential funding arbitrage opportunities.
Example use cases:
- Finding markets with negative funding for "paid to hold" opportunities
- Calculating the funding component of a trade's P&L
- Comparing funding rates across different assets for relative value trades
- Analyzing funding rate volatility to predict potential rate changesInput Schema
| Name | Required | Description | Default |
|---|---|---|---|
| market_id | Yes | Market symbol to get funding data for. | |
| start_unix_ms | Yes | Start time in unix milliseconds. | |
| end_unix_ms | Yes | End time in unix milliseconds. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | Yes |