Extreme negative funding
COWUSDT Binance perp
Nov 1, 2026 · 16:00 UTC
−0.76%/day
Rate per settlement −0.13%; normalised to a day −0.76%.
Not recorded yetthis record completes once the following 24 hours have been measured
- Observed
- Price record from
- Binance perp
- Price at the event
- 0.1161
The 24 hours after this record
Still being watched
After records like this one
Taken over 422 completed records of this type
- Typical 24h range
- 13.9%
- 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
On a perpetual contract the two sides pay each other at set intervals; the payment is called funding, and its job is to keep the contract's price from drifting away from the asset it tracks. When the rate turns negative the short side pays and the long side is paid, and what is measured here is that rate falling unusually far below zero.
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