SOL Funding Rate

Tracks how much traders are paying to hold long or short Solana USDT perpetual contracts on Binance, updated every 8 hours. Measures: Solana funding rate from Binance USDT perpetual contracts Reflects: Whether more traders are betting on Solana going up (long) or down (short) using borrowed money (leverage) Interpretation: When the funding rate goes up, it means more people are paying to stay long, showing strong bullish interest; when it goes down, more traders are paying to stay short, indicating bearish bets Context: Commonly analyzed alongside price trends and other derivatives metrics Tags: Category: Derivatives Metric | Signal Type: Leverage | Market Scope: Futures