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"Is this coin's funding unusually high relative to its recent history?"
USDC funding rate
USDC funding rate, ranked against USDC's own recorded history.
-0.0015%
USDC funding typical vs its 97 recorded days
recorded 2026-09-07
low (97d)50th percentilehigh
97 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.
