Cryptocurrency News: Understanding Market Sentiment Through Perpetual Futures Funding. The more positive the value, the more expensive it is to hold open buy contracts, indicating greater interest in rising prices. Funding levels are now the same as in other overheated markets, with increased volatility possible.

It is important to note that this indicator should not be used in isolation: in previous bull markets the rate was above 0.15 and now it is 0.04. It is necessary to analyze the level of demand for the spot, because this indicator can rise much higher before the price correction takes place.