Heatmap de taxas de funding

Funding acumulado diário (soma das taxas liquidadas) por moeda · troque de corretora e período · verde = longs pagam, vermelho = shorts pagam

Matriz de taxasMapa de CalorTaxas acumuladas
MoedaAcum.09-2209-2309-2409-2509-2609-2709-2809-2909-3010-0110-0210-0310-0410-0510-0610-0710-0810-0910-1010-1110-1210-1310-1410-1510-1610-1710-1810-1910-2010-21
BTC0.27%0.0200.0030.0060.0030.0050.0070.0060.0120.0140.0190.0140.0090.0060.010-0.002-0.0030.0010.0080.005-0.0020.0040.018-0.0010.0040.0170.0170.0180.0230.0240.006
ETH0.32%0.0210.0180.0170.0110.0190.0210.0060.0210.0150.0160.0170.0030.0120.0200.0050.003-0.000-0.0010.009-0.0220.0010.0120.0040.0140.0160.0100.0120.0180.0160.005
ZEC0.67%0.0300.0300.0230.0260.0290.0270.0260.0270.0300.0180.0300.0300.0300.0300.0230.0180.0250.0160.0130.0190.0150.0170.0210.0180.0200.0220.0230.0190.017
SOL0.25%0.0200.0050.0070.0160.0060.0050.0060.0040.004-0.0080.024-0.0020.0220.0100.007-0.0000.004-0.0090.0140.0140.0220.0060.0150.0180.011-0.001-0.0060.0140.0210.001
XAU0.58%0.0310.0500.0360.0250.0000.0000.0800.0410.0280.0070.0410.0000.0000.0380.0340.0710.0180.0010.0000.0000.0000.0000.0410.0010.0010.0000.0000.0090.030
XRP0.23%0.0300.028-0.0070.0130.0260.0090.0070.0220.0070.0100.030-0.0040.0180.0300.019-0.008-0.009-0.0170.0070.0090.007-0.011-0.002-0.0030.021-0.008-0.0140.0080.017
NEAR0.53%0.0340.0300.0300.0240.0110.0240.0270.0230.0270.0220.0080.0290.0300.0240.0300.0160.008-0.0020.0270.0190.015-0.0020.0160.0220.021-0.0030.0010.0090.0040.010
DOOD1.90%0.1850.1220.0730.0550.1490.1510.1210.0660.0410.0710.0410.0540.0570.0460.0470.0300.0310.0530.0540.0300.0400.0300.0300.0510.0300.0300.0300.0300.1380.012
HYPE0.38%0.0250.0190.0080.001-0.014-0.014-0.0010.015-0.0130.0110.0120.0300.0300.0300.0240.0150.013-0.0060.0180.011-0.0040.0070.0220.0300.0170.0270.0210.0250.024-0.007
IOST-0.71%-0.374-0.434-0.220-0.0590.0300.0250.0120.017-0.0030.0270.0140.004-0.0070.0300.0230.022-0.0100.0070.0300.0130.0230.0250.0240.0080.0220.029-0.0280.0070.0270.005
WLD0.41%0.0300.030-0.0250.0170.0300.0300.0220.0160.0180.0290.0130.0300.0300.0270.011-0.0030.004-0.0050.0210.0300.005-0.0150.0200.0080.0300.006-0.027-0.0030.030
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
ENA0.68%0.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0100.0160.0280.0300.0300.0250.0180.0050.0260.0300.0260.0140.022-0.0110.0280.0180.0150.0200.0280.003
JCT2.80%0.0730.0680.0920.5030.2640.0470.0300.0490.0630.0530.1290.0800.1670.0650.0520.0810.0340.1690.1020.0300.0300.0390.0300.0300.0420.0450.0300.0300.2850.088
DOGE0.44%0.0300.0300.0050.0300.0250.0160.0100.0230.0270.0220.0300.0090.0170.0300.021-0.0070.006-0.0000.0130.0060.0130.0050.0120.0050.0180.001-0.0070.0160.0270.006
PUMP0.65%0.0300.0260.0130.0270.0300.0300.0300.0300.0300.0300.0270.0280.0270.0130.0230.0220.0200.0190.0270.0170.0010.0130.0300.0130.0270.0200.0170.0080.0240.002
UNI0.49%0.0300.0180.0120.0250.0230.0270.0220.0170.0300.0290.0250.0290.0240.0250.0190.0150.009-0.0040.0000.0120.0070.0180.0230.0100.0190.005-0.0030.0070.0090.010
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
BTW0.03%0.3020.2830.3690.4870.1210.1330.1400.1300.1770.2430.1730.0700.0240.0300.0300.0370.0660.0680.0660.0280.028-0.0670.0210.030-0.116-0.076-0.063-0.666-1.886-0.158
SUI0.45%0.0300.0220.0180.0220.0200.0220.0170.0160.0200.0210.0210.0180.027-0.0100.0100.0090.0190.0010.0190.0060.0190.0080.008-0.0000.0230.0260.0020.0140.0240.000
AVAX0.38%0.0290.0180.0030.0250.0210.0200.0220.0300.0150.0120.0200.0050.0130.0200.0300.017-0.024-0.0180.0160.0130.0150.0110.0080.0120.0240.003-0.0060.0100.0070.010
LIT0.59%0.025-0.007-0.005-0.0770.0130.0220.0160.0300.0120.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0290.0260.0300.0300.0250.0180.0210.0300.0150.005
STRK0.60%0.0300.0300.0300.0300.0300.0300.0290.0300.0070.0160.0220.0300.0260.0300.0130.007-0.0050.0110.020-0.0040.0300.0150.0210.0180.0070.0300.0300.0210.0120.001
XMR1.02%0.0960.0680.0300.0610.0300.0300.0300.0300.0300.0300.0310.0300.0350.0300.0410.0300.0300.0300.0300.0300.0300.0300.0290.0300.0300.0300.0300.0300.033
BNB0.18%0.0170.0020.0040.0100.0040.0000.0000.0000.0150.0110.0050.0040.0270.0170.0210.0010.0000.0000.0000.0000.0000.0000.0060.0000.0030.0040.0070.0090.0080.000
QNT-2.21%0.0300.0300.015-0.0290.0230.004-0.018-0.012-0.058-0.066-0.242-0.221-0.373-0.804-0.165-0.096-0.068-0.039-0.010-0.0110.003-0.023-0.0780.0140.005-0.011-0.014-0.0040.011-0.001
INJ0.45%0.0300.0300.0300.0190.007-0.0410.0250.0300.0300.0300.0230.0240.0210.0270.030-0.0180.014-0.0160.0290.0300.0250.0190.004-0.0010.0300.0110.001-0.0020.0090.006
1000PEPE0.02%0.1340.030-0.0180.0020.0270.0200.0300.0300.0160.006-0.013-0.049-0.0250.0300.009-0.051-0.030-0.083-0.011-0.0310.0240.0000.013-0.0470.018-0.012-0.0500.0100.0270.013
AAVE0.40%0.0220.0300.0160.0300.0280.0260.0180.0220.0170.0110.0210.0180.007-0.0010.0140.0210.0170.0020.0030.0090.0090.0020.0010.0120.0020.0100.0120.0140.008-0.002
ARB-0.15%-0.0120.024-0.043-0.0320.005-0.0050.0050.007-0.007-0.0040.0200.001-0.0000.010-0.007-0.014-0.015-0.026-0.025-0.016-0.0090.0050.000-0.025-0.0030.008-0.0010.020-0.0180.006
ADA0.38%0.0300.0300.0270.0300.0170.0230.0150.0300.0260.0220.0210.0040.0010.0300.030-0.0170.008-0.0100.0290.0070.026-0.0100.013-0.0120.013-0.003-0.003-0.0160.0110.005
XAUT0.59%0.0280.0260.0260.0190.0250.0270.0250.0260.0240.0250.0210.0060.0020.0160.0250.0160.0200.0210.0300.0300.0140.0210.0250.0140.0150.0120.0150.0230.015
FIL0.38%0.0240.0300.0160.0300.0300.0250.0100.0070.0070.0150.0220.0120.0150.0280.0260.0060.0090.0240.016-0.0070.0300.007-0.005-0.0170.0300.011-0.015-0.0180.0050.003
TAO0.67%0.0360.0340.0300.0300.0300.0290.0300.0300.0190.0280.0170.0160.0300.0290.0300.019-0.0080.0100.0210.0260.0300.0220.022-0.0000.0300.021-0.0000.0270.0280.005
LINK0.36%0.0300.0170.0180.0300.0210.0120.0160.0170.0110.0200.0170.0010.0160.0060.0190.0230.008-0.0100.0090.0210.005-0.0030.0050.0130.008-0.0030.0110.0080.021-0.001
DRAM0.68%0.0460.0410.0350.0470.0310.0000.0090.0130.0420.0430.0150.0020.0000.0250.0140.0360.0410.0480.0140.0000.0320.0330.0360.0180.0000.035-0.1220.1310.013
IRYS1.46%0.0770.0580.0690.1240.1790.103-0.022-0.0690.0300.0430.0350.0620.0510.0480.0820.0300.0570.0450.0890.0720.0520.0300.0300.0300.0300.0330.0300.0300.0300.005
TIA0.39%0.0300.0300.0240.0300.0300.0300.0280.0090.0230.0250.0210.0210.0300.0300.014-0.0040.0300.0040.0030.0190.0270.0110.0060.0040.002-0.026-0.015-0.004-0.037-0.009
AKE1.24%0.0580.0400.0420.0300.0300.0300.0300.0470.0710.0540.0550.0320.0760.0300.0300.0390.0460.0380.0410.0300.0330.0300.0300.0440.0390.0420.0410.0690.0600.007
Q2.17%0.2050.1200.1060.3820.4510.416-0.0530.0570.1010.0700.0300.0300.0300.0300.0360.0410.0430.0300.0890.0630.0850.1280.1100.1160.0740.048-0.408-0.129-0.090-0.043
TRUMP-0.39%-0.012-0.140-0.1480.0300.0300.030-0.021-0.0220.023-0.054-0.0170.030-0.0240.0300.001-0.140-0.1020.0030.0190.0220.0300.0230.0280.0140.014-0.061-0.0220.0190.0220.005
ALT0.69%0.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0230.0220.0240.0290.0070.014-0.0140.004-0.0010.0110.0280.0300.0300.005
BCH0.40%0.0020.0300.0300.0300.0290.0300.0170.0160.0270.0220.0180.0180.0190.0290.0220.0210.017-0.018-0.010-0.0090.0100.0010.002-0.0020.0240.003-0.0110.0040.0160.010
BIRB0.91%0.0300.0300.0300.0300.0300.0320.0300.0410.0300.0300.0300.0300.0300.0300.0300.0300.0370.0300.0300.0300.0300.0300.0300.0280.0300.0300.0300.0390.0380.005
LTC0.42%0.0300.0300.0210.0300.0270.0210.0170.0280.0180.0250.0160.0090.0300.0110.0140.025-0.003-0.002-0.0040.0220.0120.0040.015-0.0090.018-0.001-0.0050.0040.024-0.001
ONDO0.57%0.0300.0300.0300.0300.0300.0300.0300.0300.0070.0180.0060.0170.0160.0150.0250.0150.0260.0270.0240.0240.024-0.009-0.0190.0030.0300.0230.0210.0060.0240.005
ZRO0.71%0.0300.0170.0300.0300.0270.0150.0220.0260.0270.0300.0300.0300.0300.0300.0300.0300.0300.0230.0290.0290.0260.0080.0120.0180.0170.0300.0150.0130.025
ASTER0.61%0.0300.0210.0270.0300.0300.0270.0280.0300.0270.0290.0270.0190.0300.0290.0260.0190.0110.0120.0240.0100.0070.0060.0210.0090.0100.0060.0120.0210.0280.005
BR-3.06%0.1530.0570.0030.203-0.0120.0110.0300.0300.0300.0300.029-0.0010.030-0.007-0.340-0.835-0.2850.0220.0030.0300.0290.0300.0300.017-0.196-1.260-0.415-0.232-0.2470.005
DOT0.42%0.0300.006-0.0070.0300.0300.0280.0300.0300.0300.0140.017-0.0110.0300.0300.030-0.042-0.0020.0030.0300.0250.0300.0110.003-0.0000.0240.001-0.006-0.0050.0280.006
ICNT0.08%0.0300.0300.0300.0300.0330.0300.0300.0300.0300.0680.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.030-0.105-0.127-0.046-0.127-0.270-0.006
MEW-0.41%0.0300.0300.0300.0300.0300.0300.0300.030-1.144-0.0690.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0300.0250.0220.0300.005
XLM0.30%0.0300.0300.0300.0300.0300.0300.0300.0300.0170.0150.0230.0040.0220.030-0.013-0.019-0.012-0.0250.0070.0050.030-0.002-0.008-0.012-0.0050.006-0.0200.0010.017
PENGU0.61%0.0300.0300.0300.0300.0300.0300.0300.0300.0290.0200.0140.0180.0300.0300.0230.0070.0070.0030.0220.0220.0060.0050.0230.0180.0220.0220.0110.0190.0140.003
APT0.38%0.0270.0300.0250.0300.0300.0150.0230.0260.021-0.0040.0250.0090.0020.0230.0200.0030.0130.0160.0180.019-0.019-0.014-0.0040.0100.0260.009-0.0160.0010.0050.010
HBAR0.52%0.0290.0300.0180.0180.0170.0180.0290.0300.0130.0210.0200.0150.0120.0140.0300.0300.0250.0110.0040.0280.0230.0100.0110.0070.0140.0080.013-0.0040.0150.010
FET0.46%0.0330.0300.0300.0300.0300.0300.030-0.0720.0300.0300.0300.0300.0300.0300.0300.0040.000-0.0180.0300.0240.021-0.0130.0180.0100.0300.0230.005-0.0150.011-0.017
VVV0.93%0.0300.0300.0300.0300.0300.0300.0300.0610.0310.0300.0490.0300.0370.0730.0300.0300.1040.0300.0060.025-0.0090.0210.0210.0120.0300.0300.0300.0220.030
W-0.44%0.0300.0300.0300.0300.030-0.0370.0300.0300.0300.0300.0300.0300.0300.0260.0300.0300.0160.0160.0260.002-0.050-0.206-0.160-0.104-0.084-0.038-0.052-0.081-0.133
Positivo (longs pagam shorts)Negativo (shorts pagam longs)Célula = soma das taxas de funding liquidadas naquele dia (%). Mais escuro = magnitude maior.

Sobre o heatmap de taxas de funding

O que o heatmap de taxas de funding mostra?
Cada célula agrega todas as liquidações de funding de uma moeda em um determinado dia em uma única porcentagem acumulada, para que você possa examinar semanas de pressão de funding em muitas moedas de uma só vez.
Como devo interpretar linhas verdes ou vermelhas persistentes?
Uma longa sequência verde significa que os longs continuaram pagando os shorts (posicionamento long lotado); uma sequência vermelha significa o oposto. Os extremos costumam preceder a reversão à média ou squeezes.

De onde vêm os dados

Coletamos em tempo real as taxas de financiamento (funding rates) dos futuros perpétuos pelas APIs públicas de 25 corretoras, cobrindo contratos com margem em USDT e com margem em cripto. Como as corretoras liquidam o funding em intervalos diferentes — a cada 1, 4 ou 8 horas —, cada taxa nesta página traz explicitamente o seu intervalo de liquidação.

O que cada número significa

A taxa atual é a que será aplicada na próxima liquidação; a taxa prevista é a estimativa ao vivo da corretora para o período seguinte. A contagem regressiva mostra o tempo até a próxima liquidação. A visão em matriz cruza moeda × corretora para você identificar valores fora do padrão de relance, e a página acumulada soma as taxas no período escolhido. Funding positivo significa que os longs pagam os shorts; negativo, que os shorts pagam os longs.

Como o cálculo é feito

Valor de funding pago = valor nocional da posição × taxa de financiamento no momento da liquidação. Para comparar corretoras com intervalos diferentes, anualizamos: taxa × (24 ÷ horas do intervalo) × 365. O número acumulado é a soma simples das taxas já liquidadas (sem juros compostos). Cada corretora calcula sua taxa a partir do próprio índice de prêmio mais um componente de juros, então as fórmulas diferem um pouco — mostramos o número oficial de cada corretora e nunca o recalculamos.

Como interpretar os dados (três cenários)

1. Funding positivo alto e persistente (por exemplo, acima de 0,1% a cada 8h) indica que os longs estão superlotados e pagando caro para manter a posição; altas construídas sobre essa base tendem a ser frágeis.

2. Funding negativo com preço de lado significa que quem paga são os shorts — combustível para um short squeeze se o preço começar a subir.

3. Uma divergência grande entre corretoras na mesma moeda abre oportunidade de arbitragem de funding: long na corretora com taxa negativa, short na de taxa positiva (veja nossa página FR Arbitrage).

Interpretações equivocadas comuns

Funding alto, por si só, não é sinal de venda — um mercado de alta pode sustentar funding elevado por semanas.

Nunca compare diretamente taxas com intervalos de liquidação diferentes: 0,03% a cada 4h, anualizado, sai mais caro que 0,05% a cada 8h.

Limitações

A taxa prevista é uma estimativa da corretora e pode mudar até a liquidação. Os parâmetros da fórmula (amostragem do índice de prêmio, taxa de juros, limites de recorte) variam entre corretoras, então pequenas divergências entre plataformas são estruturais, não oportunidades de trade.

Atualização e versões

As taxas de financiamento são atualizadas em tempo real conforme as corretoras as publicam; o calendário de liquidação de cada uma é documentado e versionado. Apenas informativo — não é recomendação de investimento.