Negative Funding Rates Right Now

Every Binance USDT perp with negative funding, ranked: shorts paying longs, the annualised yield of holding the other side, and how crowded each short is. At the last snapshot: CAP -0.2853%, ACE -0.2355%, LA -0.2237%. Refreshed every 5 minutes.

Questions people ask

What does negative funding mean?
Shorts are paying longs: the short side is crowded, usually after a fast drop or in a coin the market hates. Holding a long gets paid every period, which is why negative funding attracts the cash-and-carry crowd.
Is negative funding a buy signal?
On its own, no. It says shorts are the default position, so rallies squeeze harder — but a coin can stay negative through a long decline. Pair it with long/short positioning and where the liquidations sit before treating it as fuel.
How do I earn negative funding?
Buy the perp and short the same amount of spot (or hold spot and go long the perp when funding is negative). Delta-neutral, you collect the rate each period; the risks are the basis moving against you and exchange risk.

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