M funding rate
Ranked against M's own recorded history.
+0.0189%
M funding typical vs its 60 recorded days
recorded 2026-09-27
low (60d)75th percentilehigh
60 recorded days
Funding is the fee longs and shorts on perpetual futures pay each other to keep the price near spot. Positive: longs pay shorts, so the crowd is long. Negative: the reverse. An extreme reading means a one-sided trade, not which way price goes next.
"Is M funding unusually high or low against its own history?"
