Heatmap des taux de financement

Financement cumulé quotidien (somme des taux réglés) par crypto · changez de plateforme et de fenêtre · vert = longs paient, rouge = shorts paient

Matrice des tauxHeatmapFrais cumulés
CryptoCumul09-2209-2309-2409-2509-2609-2709-2809-2909-3010-0110-0210-0310-0410-0510-0610-0710-0810-0910-1010-1110-1210-1310-1410-1510-1610-1710-1810-1910-2010-21
BTC0.26%0.0200.0030.0060.0030.0050.0070.0060.0120.0140.0190.0140.0090.0060.010-0.002-0.0030.0010.0080.005-0.0020.0040.018-0.0010.0040.0170.0170.0180.0230.016
ETH0.31%0.0210.0180.0170.0110.0190.0210.0060.0210.0150.0160.0170.0030.0120.0200.0050.003-0.000-0.0010.009-0.0220.0010.0120.0040.0140.0160.0100.0120.0180.008
ZEC0.66%0.0300.0300.0230.0260.0290.0270.0260.0270.0300.0180.0300.0300.0300.0300.0230.0180.0250.0160.0130.0190.0150.0170.0210.0180.0200.0220.0230.0190.010
SOL0.23%0.0200.0050.0070.0160.0060.0050.0060.0040.004-0.0080.024-0.0020.0220.0100.007-0.0000.004-0.0090.0140.0140.0220.0060.0150.0180.011-0.001-0.0060.0140.008
XAU0.56%0.0310.0500.0360.0250.0000.0000.0800.0410.0280.0070.0410.0000.0000.0380.0340.0710.0180.0010.0000.0000.0000.0000.0410.0010.0010.0000.0000.0090.009
NEAR0.52%0.0340.0300.0300.0240.0110.0240.0270.0230.0270.0220.0080.0290.0300.0240.0300.0160.008-0.0020.0270.0190.015-0.0020.0160.0220.021-0.0030.0010.0090.000
XRP0.22%0.0300.028-0.0070.0130.0260.0090.0070.0220.0070.0100.030-0.0040.0180.0300.019-0.008-0.009-0.0170.0070.0090.007-0.011-0.002-0.0030.021-0.008-0.0140.0080.006
HYPE0.37%0.0250.0190.0080.001-0.014-0.014-0.0010.015-0.0130.0110.0120.0300.0300.0300.0240.0150.013-0.0060.0180.011-0.0040.0070.0220.0300.0170.0270.0210.0250.015
WLD0.39%0.0300.030-0.0250.0170.0300.0300.0220.0160.0180.0290.0130.0300.0300.0270.011-0.0030.004-0.0050.0210.0300.005-0.0150.0200.0080.0300.006-0.027-0.0030.010
JCT2.50%0.0730.0680.0920.5030.2640.0470.0300.0490.0630.0530.1290.0800.1670.0650.0520.0810.0340.1690.1020.0300.0300.0390.0300.0300.0420.0450.0300.0300.070
XAG0.69%0.0360.0550.0380.0270.0000.0000.0680.0400.0350.0180.0270.0000.0000.0330.0270.0580.0290.0040.0000.0000.0180.0260.0660.0210.0170.0000.0000.0270.018
MU0.51%0.0180.0690.0000.0000.0000.0000.0030.0330.0320.0510.0000.0110.0000.0410.0070.0350.0000.0000.0000.0000.0070.050-0.0030.0390.0100.029-0.0990.1690.009
DOGE0.42%0.0300.0300.0050.0300.0250.0160.0100.0230.0270.0220.0300.0090.0170.0300.021-0.0070.006-0.0000.0130.0060.0130.0050.0120.0050.0180.001-0.0070.0160.018
DOOD1.76%0.1850.1220.0730.0550.1490.1510.1210.0660.0410.0710.0410.0540.0570.0460.0470.0300.0310.0530.0540.0300.0400.0300.0300.0510.0300.0300.0300.0300.015
PUMP0.64%0.0300.0260.0130.0270.0300.0300.0300.0300.0300.0300.0270.0280.0270.0130.0230.0220.0200.0190.0270.0170.0010.0130.0300.0130.0270.0200.0170.0080.008
ENA0.66%0.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0100.0160.0280.0300.0300.0250.0180.0050.0260.0300.0260.0140.022-0.0110.0280.0180.0150.0200.013
SUI0.44%0.0300.0220.0180.0220.0200.0220.0170.0160.0200.0210.0210.0180.027-0.0100.0100.0090.0190.0010.0190.0060.0190.0080.008-0.0000.0230.0260.0020.0140.009
1000PEPE-0.00%0.1340.030-0.0180.0020.0270.0200.0300.0300.0160.006-0.013-0.049-0.0250.0300.009-0.051-0.030-0.083-0.011-0.0310.0240.0000.013-0.0470.018-0.012-0.0500.0100.017
UNI0.48%0.0300.0180.0120.0250.0230.0270.0220.0170.0300.0290.0250.0290.0240.0250.0190.0150.009-0.0040.0000.0120.0070.0180.0230.0100.0190.005-0.0030.0070.005
BR-2.96%0.1530.0570.0030.203-0.0120.0110.0300.0300.0300.0300.029-0.0010.030-0.007-0.340-0.835-0.2850.0220.0030.0300.0290.0300.0300.017-0.196-1.260-0.415-0.232-0.144
ARB-0.15%-0.0120.024-0.043-0.0320.005-0.0050.0050.007-0.007-0.0040.0200.001-0.0000.010-0.007-0.014-0.015-0.026-0.025-0.016-0.0090.0050.000-0.025-0.0030.008-0.0010.020-0.014
AVAX0.37%0.0290.0180.0030.0250.0210.0200.0220.0300.0150.0120.0200.0050.0130.0200.0300.017-0.024-0.0180.0160.0130.0150.0110.0080.0120.0240.003-0.0060.0100.003
INJ0.45%0.0300.0300.0300.0190.007-0.0410.0250.0300.0300.0300.0230.0240.0210.0270.030-0.0180.014-0.0160.0290.0300.0250.0190.004-0.0010.0300.0110.001-0.0020.006
BTW1.10%0.3020.2830.3690.4870.1210.1330.1400.1300.1770.2430.1730.0700.0240.0300.0300.0370.0660.0680.0660.0280.028-0.0670.0210.030-0.116-0.076-0.063-0.666-0.964
Q2.26%0.2050.1200.1060.3820.4510.416-0.0530.0570.1010.0700.0300.0300.0300.0300.0360.0410.0430.0300.0890.0630.0850.1280.1100.1160.0740.048-0.408-0.129-0.045
CRCL1.30%0.0700.0660.0410.0800.097-0.0180.0720.0900.0780.0710.0910.0240.0000.0330.0380.0330.0440.0710.0000.0000.0070.0070.0370.0190.0000.057-0.0430.1700.063
BNB0.18%0.0170.0020.0040.0100.0040.0000.0000.0000.0150.0110.0050.0040.0270.0170.0210.0010.0000.0000.0000.0000.0000.0000.0060.0000.0030.0040.0070.0090.008
AAVE0.40%0.0220.0300.0160.0300.0280.0260.0180.0220.0170.0110.0210.0180.007-0.0010.0140.0210.0170.0020.0030.0090.0090.0020.0010.0120.0020.0100.0120.0140.008
XMR1.00%0.0960.0680.0300.0610.0300.0300.0300.0300.0300.0300.0310.0300.0350.0300.0410.0300.0300.0300.0300.0300.0300.0300.0290.0300.0300.0300.0300.0300.010
IOST-0.73%-0.374-0.434-0.220-0.0590.0300.0250.0120.017-0.0030.0270.0140.004-0.0070.0300.0230.022-0.0100.0070.0300.0130.0230.0250.0240.0080.0220.029-0.0280.0070.012
ADA0.37%0.0300.0300.0270.0300.0170.0230.0150.0300.0260.0220.0210.0040.0010.0300.030-0.0170.008-0.0100.0290.0070.026-0.0100.013-0.0120.013-0.003-0.003-0.0160.005
TIA0.42%0.0300.0300.0240.0300.0300.0300.0280.0090.0230.0250.0210.0210.0300.0300.014-0.0040.0300.0040.0030.0190.0270.0110.0060.0040.002-0.026-0.015-0.004-0.010
XAUT0.58%0.0280.0260.0260.0190.0250.0270.0250.0260.0240.0250.0210.0060.0020.0160.0250.0160.0200.0210.0300.0300.0140.0210.0250.0140.0150.0120.0150.0230.004
TAO0.65%0.0360.0340.0300.0300.0300.0290.0300.0300.0190.0280.0170.0160.0300.0290.0300.019-0.0080.0100.0210.0260.0300.0220.022-0.0000.0300.021-0.0000.0270.010
DRAM0.68%0.0460.0410.0350.0470.0310.0000.0090.0130.0420.0430.0150.0020.0000.0250.0140.0360.0410.0480.0140.0000.0320.0330.0360.0180.0000.035-0.1220.1310.012
QNT-2.21%0.0300.0300.015-0.0290.0230.004-0.018-0.012-0.058-0.066-0.242-0.221-0.373-0.804-0.165-0.096-0.068-0.039-0.010-0.0110.003-0.023-0.0780.0140.005-0.011-0.014-0.0040.006
LINK0.35%0.0300.0170.0180.0300.0210.0120.0160.0170.0110.0200.0170.0010.0160.0060.0190.0230.008-0.0100.0090.0210.005-0.0030.0050.0130.008-0.0030.0110.0080.009
STRK0.59%0.0300.0300.0300.0300.0300.0300.0290.0300.0070.0160.0220.0300.0260.0300.0130.007-0.0050.0110.020-0.0040.0300.0150.0210.0180.0070.0300.0300.0210.004
BCH0.39%0.0020.0300.0300.0300.0290.0300.0170.0160.0270.0220.0180.0180.0190.0290.0220.0210.017-0.018-0.010-0.0090.0100.0010.002-0.0020.0240.003-0.0110.0040.016
FIL0.37%0.0240.0300.0160.0300.0300.0250.0100.0070.0070.0150.0220.0120.0150.0280.0260.0060.0090.0240.016-0.0070.0300.007-0.005-0.0170.0300.011-0.015-0.018-0.000
ZRO0.69%0.0300.0170.0300.0300.0270.0150.0220.0260.0270.0300.0300.0300.0300.0300.0300.0300.0300.0230.0290.0290.0260.0080.0120.0180.0170.0300.0150.0130.009
PHA0.34%-0.0340.0250.029-0.1430.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0280.0300.0300.0100.019-0.0060.0010.0130.021-0.030-0.070
COMP0.59%0.0300.0240.0240.0270.0300.0300.0300.0230.0290.0300.0220.0010.0090.0300.030-0.0040.0110.0190.0120.0300.0280.0140.0210.0240.0240.0070.0180.0010.019
APR1.62%0.0590.1200.0350.2690.1090.0300.0340.0300.0850.1300.0380.0300.0300.0300.0300.0300.0300.0300.0450.0300.0300.0300.0430.0590.0490.0460.0670.0500.025
ONDO0.55%0.0300.0300.0300.0300.0300.0300.0300.0300.0070.0180.0060.0170.0160.0150.0250.0150.0260.0270.0240.0240.024-0.009-0.0190.0030.0300.0230.0210.0060.009
LIT0.58%0.025-0.007-0.005-0.0770.0130.0220.0160.0300.0120.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0290.0260.0300.0300.0250.0180.0210.0300.010
LTC0.41%0.0300.0300.0210.0300.0270.0210.0170.0280.0180.0250.0160.0090.0300.0110.0140.025-0.003-0.002-0.0040.0220.0120.0040.015-0.0090.018-0.001-0.0050.0040.009
TRUMP-0.41%-0.012-0.140-0.1480.0300.0300.030-0.021-0.0220.023-0.054-0.0170.030-0.0240.0300.001-0.140-0.1020.0030.0190.0220.0300.0230.0280.0140.014-0.061-0.0220.0190.006
BAT-0.26%0.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0160.0290.0300.0300.0300.017-0.2930.0140.0300.009-0.4740.013-0.033-0.0200.003-0.011-0.004
AKE1.22%0.0580.0400.0420.0300.0300.0300.0300.0470.0710.0540.0550.0320.0760.0300.0300.0390.0460.0380.0410.0300.0330.0300.0300.0440.0390.0420.0410.0690.043
APT0.36%0.0270.0300.0250.0300.0300.0150.0230.0260.021-0.0040.0250.0090.0020.0230.0200.0030.0130.0160.0180.019-0.019-0.014-0.0040.0100.0260.009-0.0160.001-0.004
ALT0.67%0.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0230.0220.0240.0290.0070.014-0.0140.004-0.0010.0110.0280.0300.015
GTC-17.61%0.0300.0480.0340.0300.0300.0350.0410.0300.0300.029-1.084-1.104-2.184-1.035-0.219-0.375-0.270-0.111-0.071-0.014-2.730-0.714-0.114-0.290-0.224-2.549-3.512-1.178-0.170
ASTER0.59%0.0300.0210.0270.0300.0300.0270.0280.0300.0270.0290.0270.0190.0300.0290.0260.0190.0110.0120.0240.0100.0070.0060.0210.0090.0100.0060.0120.0210.015
DOT0.41%0.0300.006-0.0070.0300.0300.0280.0300.0300.0300.0140.017-0.0110.0300.0300.030-0.042-0.0020.0030.0300.0250.0300.0110.003-0.0000.0240.001-0.006-0.0050.019
PAXG0.57%0.0260.0300.0300.0280.0220.0260.0110.0220.0260.0280.0200.0200.0200.0300.0300.0250.0210.0130.0160.0190.0100.0190.0150.0140.009-0.0010.0140.0230.003
PENGU0.60%0.0300.0300.0300.0300.0300.0300.0300.0300.0290.0200.0140.0180.0300.0300.0230.0070.0070.0030.0220.0220.0060.0050.0230.0180.0220.0220.0110.0190.006
HBAR0.50%0.0290.0300.0180.0180.0170.0180.0290.0300.0130.0210.0200.0150.0120.0140.0300.0300.0250.0110.0040.0280.0230.0100.0110.0070.0140.0080.013-0.0040.010
FET0.48%0.0330.0300.0300.0300.0300.0300.030-0.0720.0300.0300.0300.0300.0300.0300.0300.0040.000-0.0180.0300.0240.021-0.0130.0180.0100.0300.0230.005-0.0150.013
CRV0.59%0.0300.0070.0000.0300.0300.0300.0110.0290.0300.0300.0300.0230.0030.0300.0150.0100.030-0.0070.0290.0300.0300.012-0.0020.0150.0270.0300.0180.0210.020
Positif (longs paient shorts)Négatif (shorts paient longs)Cellule = somme des taux de financement réglés ce jour-là (%). Plus foncé = amplitude plus grande.

À propos de la heatmap des taux de financement

Que montre la heatmap des taux de financement ?
Chaque cellule agrège tous les règlements de financement d'une crypto sur une journée donnée en un pourcentage cumulé unique, ce qui vous permet de balayer des semaines de pression de financement sur de nombreuses cryptos en une fois.
Comment interpréter des rangées vertes ou rouges persistantes ?
Une longue série verte signifie que les longs ont continué de payer les shorts (positionnement long surchargé) ; une série rouge signifie l'inverse. Les extrêmes précèdent souvent un retour à la moyenne ou des squeezes.

D’où viennent les données

Nous récupérons en temps réel les taux de financement (funding rates) des contrats perpétuels depuis les API publiques de 25 plateformes, en couvrant les contrats à marge USDT comme à marge crypto. Les plateformes réglant le financement à des intervalles différents — toutes les 1, 4 ou 8 heures —, chaque taux affiché sur cette page est explicitement étiqueté avec son intervalle de règlement.

Ce que signifie chaque chiffre

Le taux actuel est celui qui s’appliquera au prochain règlement ; le taux prévu est l’estimation en direct de la plateforme pour la période suivante. Le compte à rebours indique le temps restant avant le prochain règlement. La vue matrice déploie cryptomonnaie × plateforme pour repérer les valeurs aberrantes d’un coup d’œil, et la page cumulée additionne les taux sur la période choisie. Un financement positif signifie que les longs paient les shorts ; négatif, que les shorts paient les longs.

Comment le calcul est effectué

Montant de financement payé = valeur notionnelle de la position × taux de financement au moment du règlement. Pour comparer des plateformes aux intervalles différents, nous annualisons : taux × (24 ÷ heures de l’intervalle) × 365. Le chiffre cumulé est la simple somme des taux déjà réglés (sans capitalisation). Chaque plateforme calcule son taux à partir de son propre indice de prime plus une composante de taux d’intérêt, de sorte que les formules diffèrent légèrement : nous affichons le chiffre officiel de chaque plateforme et ne le recalculons jamais.

Comment lire les données (trois scénarios)

1. Un financement positif élevé et persistant (par exemple au-dessus de 0,1 % par 8 h) indique que les longs sont surpeuplés et paient cher pour conserver leur position ; les hausses bâties sur cette base sont souvent fragiles.

2. Un financement négatif alors que le prix évolue à plat signifie que ce sont les shorts qui paient — du carburant pour un short squeeze si le prix se met à monter.

3. Un écart important entre plateformes sur la même cryptomonnaie ouvre une opportunité d’arbitrage de financement : long sur la plateforme au taux négatif, short sur celle au taux positif (voir notre page FR Arbitrage).

Erreurs d’interprétation fréquentes

Un financement élevé n’est pas en soi un signal de vente : un marché haussier peut maintenir un financement élevé pendant des semaines.

Ne comparez jamais directement des taux aux intervalles de règlement différents : 0,03 % par 4 h, une fois annualisé, coûte plus cher que 0,05 % par 8 h.

Limites

Le taux prévu est une estimation de la plateforme et peut évoluer jusqu’au règlement. Les paramètres de formule (échantillonnage de l’indice de prime, taux d’intérêt, bornes d’écrêtage) varient d’une plateforme à l’autre : les petits écarts entre plateformes sont donc structurels, pas des opportunités de trading.

Mise à jour et versions

Les taux de financement sont mis à jour en temps réel dès leur publication par les plateformes ; le calendrier de règlement de chacune est documenté et versionné. À titre informatif uniquement — ceci n’est pas un conseil en investissement.