Deribit Funding Rate
Deribit annualized funding rate
| Property | Value |
|---|---|
| Category | exchanges |
| Unit | % |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/funding/exchange |
| Field | annualized_apr |
Overview
Annualized perpetual funding rate on Deribit, the leading options and derivatives exchange.
Interpretation
Deribit is the primary venue for institutional derivatives trading. Its funding rate often reflects more sophisticated positioning compared to retail-dominated exchanges.
Use Cases
- Monitoring institutional leverage sentiment
- Comparing institutional vs retail funding rates
- Options-derivatives correlation analysis
Historical Context
This exchange has been reporting funding rate data since early 2020. Rates are sourced from the perpetual BTC/USDT (or BTC/USD) contract. During major market events such as the March 2020 crash and the 2021 bull run, this exchange showed distinctive funding rate patterns reflecting its user base composition and liquidity profile.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/funding/exchange?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Annualized Funding Rate (OI-Weighted) — OI-weighted average annualized funding rate across 7 exchanges
- Futures Open Interest — Total futures open interest across all exchanges in USD
- Binance Funding Rate — Binance annualized funding rate