Extreme negative funding
ALTUSDT Pionex perp
Oct 27, 2026 · 08:00 UTC
−0.97%/day
Rate per settlement −0.16%; normalised to a day −0.97%.
+5.9%+24h high
−2.9%+24h low
- Observed
- Price record from
- Pionex perp
- Price at the event
- 0.00646
The 24 hours after this record
- ▲ high:
- +5.9%
- ▼ low:
- −2.9%
- close:
- +3.1%
After records like this one
Taken over 383 completed records of this type
- Typical 24h range
- 13.5%
- Typical high
- +5.9%
- Typical low
- −6.3%
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