TJ Bitmex Funding Rate
Welcome back to another indicator of the TJ-Series
This indicator emulates BitMEX funding rates with reasonably accurate results.
BitMEX funding occurs every 8 hours at 4:00 UTC , 12:00 UTC and 20:00 UTC .
You pay the funding rate if you are in a position at funding time.
The funding rate is predicted from the minute funding occurs over 480 minutes (8 hours).
After 8 hours, which is another funding time, the predicted rate is set as the next funding rate, which will be paid 8 hours later at the next funding time.
It is 4:00 UTC and funding is paid, and there is currently a predicted rate of 0.01.
The predicted rate, 0.01, will be set as the next funding rate which will be paid in 8 hours at the next funding time.
The predicted rate resets and will become a more accurate prediction each minute.
Funding Rate Bar: On the bar on which funding is paid (see funding times), a column is rendered with the value of the paid funding rate.
Next Funding Rate: The rendered circles show the next funding rate, which will be the value of the Funding Rate Bar
Predicted Funding Rate: The rendered line is the predicted funding rate that resets when funding is paid.
Daily, Weekly, and Monthly views show the total of fundings within the bar.
i.e. a daily bar contains 3 funding periods, so if funding were 0.1 each of those times, the daily funding is 0.3.
There are 21 funding periods in a week, so a week during which the funding was 0.1 on average will have a Weekly bar with a funding value of 2.1
Predicted Funding Rate | Next Funding Rate | Funding Rate Bar
How can I access TJ-BitMEX Funding Rate?
Where can I find TJ-MoneyFlow it on Tradingview?
Simply follow THIS LINK and “add it to favourites”.