Trendmaster - Collated Funding Rates

By combining both the Funding Data for Bitcoin and Ethereum across several exchanges, a Trader can see the Collated Funding Rates from several Crypto Exchanges.
What are Funding Rates?
Funding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Therefore, depending on open positions, traders will either pay or receive funding. Crypto funding rates prevent lasting divergence in the price of both markets
These Funding Rates also incentivize Liquidity Providers to take certain positions whether Long or Short based on the Funding Rate.
What are Liquidity Providers?
A Liquidity Provider, also known as a Market Maker, is someone who provides their crypto assets to a platform to help with the decentralization of trading.
In return, they are rewarded with fees generated by trades on that platform, which can be thought of as a form of passive income.
How to use Collated Funding Rates:
When the Funding Rate is positive, the price of the perpetual contract is usually higher than the market price.
Thus, traders who are long pay for short positions. Conversely, a negative Funding Rate means that short positions pay for longs.
As the funding rate increases from negative to positive Traders and Liquidity Providers are incentivized to take short positions.
This can be seen on the indicator as it moves from down to up and changes from red to green.
As the funding rate decreases from positive to negative Traders and Liquidity Providers are incentivized to take long positions.
This can be seen on the indicator as it moves from up to down and changes from green to red.
Funding Rates are used by Exchanges to manipulate the price.
Because of this fact, Collated Funding Rates can show trend changes based on when a specific up or down move in Price is incentivized by Exchange Funding Rates.
-Red and Green colors have been inverted as default. Negative funding which was Red is now Green because negative funding is Bullish. Positive funding which was Green is now Red because positive funding is Bearish
-Reversal line update to show the leading edge of the funding
-Option to invert the scale
-Option to invert the colors
-Added funding rates for Bitget
- Alert functions for positive or negative funding rates from .05 to -.05
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Clause de non-responsabilité
Script sur invitation seulement
Seuls les utilisateurs approuvés par l'auteur peuvent accéder à ce script. Vous devrez demander et obtenir l'autorisation pour l'utiliser. Celle-ci est généralement accordée après paiement. Pour plus de détails, suivez les instructions de l'auteur ci-dessous ou contactez directement TrendmasterOfficial.
TradingView ne recommande PAS de payer ou d'utiliser un script à moins que vous ne fassiez entièrement confiance à son auteur et que vous compreniez comment il fonctionne. Vous pouvez également trouver des alternatives gratuites et open-source dans nos scripts communautaires.
Instructions de l'auteur
✔️ - NordVPN for those who are IP Restricted - bit.ly/NordVPNTM