funding rates
3 articles on funding rates.
funding-rates · basis-trading · perpetuals
Anatomy of a Funding-Rate Trade: One Cycle Inside a Carry BookEveryone quotes funding-arb returns; almost nobody walks through a single trade end to end. Here's one full cycle of a delta-neutral carry position — the sizing, the two entries, what every settlement actually pays, the mid-life basis wobble that scares people out, and the exit arithmetic.
The Fluxy Team ·
funding-rates · perpetuals · data-study
The Funding Rate Almanac: What Five Years of Perp Carry Actually PaidWe took every settlement-level funding print in our market database — 80,000 of them across Binance, Hyperliquid, and KuCoin since 2019 — and measured what collecting perp funding actually paid. The answer: a real but violently regime-dependent yield, and a persistent cross-venue gap that most carry traders are leaving on the table.
The Fluxy Team ·
funding-rates · perpetuals · crypto
Funding Rates: The Crypto-Native Yield Hiding in Plain SightEvery few hours, enormous sums change hands between longs and shorts on crypto perpetual futures. That flow is called funding, and it's one of the most distinctive sources of return in all of crypto — a yield with no equivalent in traditional markets. Here's what funding is, why it exists, and why a fund that ignores it is leaving a whole asset class of strategy on the table.
The Fluxy Team ·