BitMEX Study Finds Cryptocurrency Funding Rates Positive 92% of the Time, Revealing a Structural Market Bias

Mahe, Seychelles, Oct. 14, 2025: BitMEX, one of the most secure crypto exchanges, introduced at the moment the findings of its research, “The Anchor and the Ceiling: Understanding the Structure of Funding Rates,” which reveals that two structural forces are driving cryptocurrency funding charges to stay constructive 92% of the time and that charges above the 0.01% baseline are sometimes short-lived. The report outlines how crypto merchants can leverage this predictable dynamic to undertake subtle, structure-based buying and selling.

Since BitMEX invented the perpetual swap 9 years in the past, the market has developed considerably. Now, devoted funding charge buying and selling markets are rising, permitting merchants to invest on the market’s underlying mechanics. Funding charges, the periodic funds that preserve futures costs aligned with spot costs, have turn out to be a key indicator of market construction, providing insights that transcend easy worth sentiment.

The research, which analysed information from Q3 2025 throughout BitMEX, Binance, and Hyperliquid, uncovered a number of key insights:

• The Structural ‘Anchor’ Keeps Funding Rates at 0.01%: The perpetual swap funding system has a built-in curiosity part that acts as a gravitational pull in the direction of a baseline charge of 0.01%. Data exhibits funding charges have been constructive for over 92% of Q3 2025, even when contracts traded at a slight low cost.
• The Arbitrage ‘Ceiling’ Caps Extreme Spikes: Large inflows of institutional capital create a laborious ceiling for funding charges. This capital is quickly deployed to brief high-premium contracts, compressing charges again to the baseline. This ensures that excessive constructive funding charges are short-lived and unstable.
• BitMEX Leads in Funding Rate Stability: The evaluation confirmed BitMEX exhibited the most steady and predictable funding charges for each BTC and ETH. The charge was precisely 0.01% for 78.19% of the quarter for BTC and 87.52% for ETH, demonstrating a extremely environment friendly market the place perpetuals persistently monitor spot costs. In distinction, venues like Hyperliquid confirmed considerably increased volatility.

“As the inventors of the perpetual swap, we’re witnessing its subsequent main evolution – the rise of funding charge buying and selling,” mentioned Stephan Lutz, CEO of BitMEX.

“Our newest analysis strikes past market sentiment to disclose the core mechanics driving this market. The ‘anchor’ and ‘ceiling’ should not theories; they’re structural forces that create high-probability buying and selling alternatives. This research underscores a new stage of market maturity, the place understanding the structure is the key to success.”

More particulars about the research will be discovered here.

About BitMEX

BitMEX is the OG crypto derivatives alternate, offering skilled crypto merchants with a platform that caters to their wants by means of low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been misplaced by means of intrusion or hacking, permitting BitMEX customers to commerce safely in the data that their funds are safe. So too that they’ve entry to the merchandise and instruments they require to be worthwhile.

BitMEX was additionally one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities information. The alternate continues to publish this information twice a week – proving assurance that they safely retailer and segregate the funds they’re entrusted with. For extra info on BitMEX, please go to the BitMEX Blog or www.bitmex.com, and comply with Telegram, Twitter, Discord, and its online communities. For additional inquiries, please contact press@bitmex.com.

The publish BitMEX Study Finds Cryptocurrency Funding Rates Positive 92% of the Time, Revealing a Structural Market Bias appeared first on BeInCrypto.