# Funding Rate Funding rate of the perpetual for each funding period, showing whether longs or shorts are paying to hold their positions. ## How to read it - Positive funding: longs pay shorts, the market leans long. - Negative funding: shorts pay longs, the market leans short. - Extreme readings show crowded positioning that can unwind sharply. ## Good to know - Drawn in its own pane below the chart. - The length of a funding period depends on the venue. [Learn more in the Academy →](#derivatives-data)