TAG Funding Rate
Free TAG funding rate history: current rate, annualized APY, archive extremes. Continuous archive, no paywall.
Funding Rate
Funding is the periodic payment between longs and shorts that keeps the perpetual price tied to spot. Persistent positive funding = crowded longs paying shorts; deeply negative funding = crowded shorts. Extremes often precede squeezes.
📊 What happened after past extremes
Computed from our own archive · event-study method: non-overlapping entries into the tail bucket, forward 24h price return
Public APIs cap OI/LSR history at 30 days. We log continuously — this archive deepens every day and cannot be reconstructed retroactively.
What is a funding rate?
The funding rate is a periodic payment between long and short perpetual futures holders that keeps the contract price anchored to spot. Positive = longs pay shorts.
What is a high funding rate?
Sustained rates above ~0.05% per 8h (≈55% APY) signal heavily crowded longs and often precede corrections or squeezes.
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