BTC Funding Rate API
Bitcoin perpetual futures funding rate — real-time measure of trader positioning and leverage direction.
https://api.hunchmachine.com/webhook/indicators?indicator=btc_funding_rate&api_key=YOUR_API_KEYDescription
Tracks the perpetual futures funding rate, a key measure of trader positioning and market bias in derivative markets. Funding rates reflect the balance between long and short traders — positive values mean longs are paying shorts (bullish bias), while negative values indicate shorts paying longs (bearish sentiment).
What this endpoint provides
A simplified funding overview combining the most recent 8-hour rate and the 48-hour average, along with qualitative interpretation fields that summarize leverage conditions and trader sentiment.
Response fields
valueLatest 8-hour funding rate (in %).
funding_avg_48h_pctAverage funding rate over the past 48 hours (smooths short-term spikes).
trendGeneral directional assessment of the funding environment (bullish, bearish, or neutral).
momentum_stateIndicates if funding pressure is increasing, decreasing, or stable (accelerating, weakening, stable).
interpretationHuman-readable explanation of what current rates imply about market sentiment.
summaryCompact text summary of current and average funding levels plus interpretation.
timestampUTC time when the indicator was last updated.
Output example
[
{
"indicator": "btc_funding_rate",
"timestamp": "2025-11-01T02:33:29.794Z",
"value": 0.01,
"funding_avg_48h_pct": 0.0062,
"trend": "neutral",
"momentum_state": "stable",
"interpretation": "Neutral funding — balanced market, low leverage pressure.",
"summary": "Funding: 0.0100% (8h) | 0.0062% (48h avg) | Neutral funding — balanced market, low leverage pressure."
}
]