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"Is this coin's funding unusually high relative to its recent history?"
ETH funding rate
ETH funding rate, ranked against ETH's own recorded history.
+0.0046%
ETH funding typical vs its 171 recorded days
recorded 2026-09-07
low (171d)75th percentilehigh
171 recorded days
Funding is the fee that longs and shorts on perpetual futures pay each other to keep the contract price near spot. Positive means longs pay shorts (the crowd is long), negative means the reverse. An extreme reading is a crowding signal, not a direction: it says the trade is one-sided, not which way price goes next.