What Is Funding Rate in Crypto Futures?

Published 2026-04-25 · Updated 2026-04-25

Funding rate is the periodic payment exchanged between longs and shorts in perpetual futures markets. When funding is strongly positive, long positioning is crowded. When it is strongly negative, short positioning is crowded.

Why traders should care

Funding is not just a cost. It is also a sentiment gauge. Extreme readings can signal one-sided positioning, which often matters for timing and risk management.

How Anunnaki uses it

Anunnaki treats funding as one piece of a broader positioning layer rather than a standalone trading rule. It is combined with price action, regime context, and other filters before a signal is allowed through.