Funding Rate Filter

The "Funding Rate" filter allows the algorithm to place orders only if the funding rate is within the specified range.

Availability: Only on USDT-M and COIN-M markets.

How to Use

Specify the funding rate range in percentages from minimum to maximum value.

How it works: The algorithm checks the current funding rate. If it falls within the range — orders are placed, if it goes outside — the pair is excluded.

Example: If you set a range from -0.1% to 0.1%, the algorithm will only work on pairs with relatively neutral funding rate, excluding markets with extreme values.

What is Funding Rate

Funding Rate is a periodic payment between traders holding long and short positions on perpetual contracts.

How it works:

• Updates every minute in real time

• Charged periodically at specific intervals (usually every 4 or 8 hours, depending on the exchange and trading pair)

• Helps keep the perpetual contract price close to the spot price of the underlying asset

Payment direction:

• Positive funding → longs pay shorts

• Negative funding → shorts pay longs

Why This is Needed

Assess market sentiment:

• High positive funding → crowd is in longs (overheating)

• Negative funding → crowd is in shorts

Avoid entering overheated positions: When everyone is long and funding is too high, you can skip such a market or conversely enter a short.

Application: Enable the filter and set an acceptable range. The algorithm will only work with pairs where the funding rate matches your strategy.