Extreme negative funding
IOSTUSDT Pionex perp
Oct 25, 2026 · 09:00 UTC
−0.73%/day
Rate per settlement −0.03%; normalised to a day −0.73%.
Not recorded yetthis record completes once the following 24 hours have been measured
- Observed
- Price record from
- Pionex perp
- Price at the event
- 0.000803
The 24 hours after this record
Still being watched
After records like this one
Taken over 332 completed records of this type
- Typical 24h range
- 13.8%
- Typical high
- +5.8%
- Typical low
- −6.4%
These are the sizes of the moves that followed, not their side. This project measured the width of a coin’s range to be the part that carries; the direction was a coin toss, so no share of rises and falls is published.
What this event type measures
Extreme negative funding
The two sides of a perpetual contract pay each other at intervals, and that payment is called funding. When the contract trades far enough below the spot price, the payment turns around: the selling side pays the buying side. A small gap is ordinary and does not turn it; the rate carries a fixed component that the gap has to clear first.
funding rate normalised to a day
below a measured line
below a measured line
- Watched on
- Pionex and Binance perpetuals, each exchange on its own; follow-up data from the same exchange's spot price