Weighted composite 0–100 score from 8 major perpetual futures markets. Higher = crowded longs; lower = crowded shorts.
Funding rates are near zero across major perps — neither side is paying a significant premium. This neutral state suggests positioning is not stretched; it often appears during consolidation or early trend development.
| Asset | Rate (8h) | Score | Weight |
|---|---|---|---|
| BTC | +0.0066% | 57 | 35% |
| ETH | +0.0053% | 55 | 20% |
| SOL | +0.0044% | 54 | 10% |
| BNB | +0.0086% | 59 | 8% |
| XRP | +0.0026% | 53 | 8% |
| DOGE | +0.0060% | 56 | 7% |
| ADA | +0.0035% | 54 | 6% |
| AVAX | +0.0100% | 60 | 6% |
Score = tanh-normalized rate per asset, weighted by approximate market cap rank. Rate is the 8-hour funding rate paid by longs (positive) or shorts (negative).
Funding rates are the periodic payments between longs and shorts in perpetual futures markets. When longs outnumber shorts, they pay a positive funding rate to shorts — and vice versa. Aggregate funding across major markets provides a real-time read on crowd positioning, not price prediction. High positive funding has historically coincided with elevated liquidation risk for longs; deeply negative funding with short-squeeze setups. This is context, not a call.
<iframe src="https://www.liquidstate.tech/tools/funding-regime?embed=1" title="Crypto Funding Rate Regime Score" width="100%" height="460" style="border:1px solid #222632;border-radius:12px;max-width:540px" loading="lazy"></iframe> <p style="font:12px system-ui;margin:6px 0 0"><a href="https://www.liquidstate.tech/tools/funding-regime" rel="noopener">Funding Rate Regime Score</a> by Liquid State</p>
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