blofin-funding-monitor
Installation
SKILL.md
BloFin Funding Rate Monitor
Monitor perpetual swap funding rates, analyze market sentiment, and track funding trends across BloFin instruments.
Background
What Are Funding Rates?
Perpetual swap contracts use funding rates to keep the contract price aligned with the spot price:
- Positive funding rate: Longs pay shorts — indicates bullish sentiment / overleveraged longs
- Negative funding rate: Shorts pay longs — indicates bearish sentiment / overleveraged shorts
- Funding is exchanged between traders every 8 hours (00:00, 08:00, 16:00 UTC)
- The rate reflects current market positioning and sentiment