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

Why Monitor Funding Rates?

  • Market sentiment indicator: Funding rates reveal whether the market is leaning long or short
  • Cost awareness: Holding positions costs or earns funding — understanding rates helps plan trades
  • Volatility signal: Extreme funding rates often precede significant price moves
Related skills
Installs
43
GitHub Stars
4
First Seen
Mar 4, 2026