Funding Rate Channel

Description

Subscribe to the funding rate channel. A full snapshot (current funding rate, next funding rate, upper/lower rate limits, and settlement period) is pushed immediately after a successful subscription.

In addition, this channel pushes:

• When the funding rate settlement period temporarily switches from 8h/4h to 1h, a message containing the new period
• When the settlement period reverts from 1h back to the original period, a message containing the reverted period
• When a cash dividend event occurs
• A heartbeat push every 60 seconds regardless of whether the above conditions are triggered

Code
{
    "op": "subscribe",
    "args": [
        {
            "instType": "usdt-futures",
            "topic": "funding-rate",
            "symbol": "BTCUSDT"
        }
    ]
}

Code
{
  "event": "subscribe",
  "arg": {
    "instType": "usdt-futures",
    "topic": "funding-rate",
    "symbol": "BTCUSDT"
  },
  "connId": "xxxxxxxxxx"
}

Code
{
  "data": [
    {
      "symbol": "BTCUSDT",
      "fundingRate": "0.000071",
      "fundingRateInterval": "8",
      "nextUpdate": "1743062400000",
      "minFundingRate": "-0.003",
      "maxFundingRate": "0.003",
      "lastFundingRate": "0.000071",
      "nextFundingRate": "0.000088",
      "baseInterestRate": "0.0001",
      "impactMarginNotional": "20000",
      "cashDividend": null,
      "cashDividendNextUpdate": null
    }
  ],
  "arg": {
    "instType": "usdt-futures",
    "topic": "funding-rate",
    "symbol": "BTCUSDT"
  },
  "action": "snapshot",
  "ts": 1736371332162
}