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discountry
13 mars 2021 06:01

Binance Funding Indicator 

Bitcoin / TetherUSBinance

Description

This sciprt tried to emulate the Binance Futures Funding rate based on it's official document https://www.binance.com/en/support/faq/360033525031.

The indicator shows three serises:

  • Raw Premium
  • Realtime Funding
  • History Funding


On Binance Futures, Funding occurs every 8 hours at 00:00 UTC; 08:00 UTC and 16:00 UTC.

The results were calculated by the fomula provided by Binance Support document.

But due to the time inaccuracy, the indicator may not always show the exact funding rate as same as the website shows.

If you have any suggestions please leave your comments below.

Notes de version

Color redesign.

Notes de version

Support all Binance USDT future pairs.
Better accuracy.

Notes de version

update to pine script version 5.
use time weighted average premium.
Commentaires
numb3rs311
is this for alts too? or just btc?
CryptoNTez
not working any longer?
zezezaza
The indicator only works on BTCUSDT, which is the spot market. BTCUSDTPERP is the futures market. There is no funding fee on the spot market, so the results are inaccurate as the market do not have the same data nor the same price.
discountry
@zezezaza, That's not the point, the fact is that binance is using average snapshots data different from the real time premium price data. But that only affects numbers not the trends.
danielarbuckle
Can I please have access
QuikD
Good job.
jonc31
Do you have a indicator that looks at the funding rate on binance for Solana spot and perp contract?
qkrdlsdud7541
love your contents
jcaserta
Hi, thanks for the great indicator. But it seems this script is no longer working? I get a "study_not_auth" error now. Any thoughts?
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