Hi Binance Futures Support,
I’m researching funding rates on Binance Futures and have a question regarding the difference between the displayed funding rate on the user interface and the result obtained using the ‘/fapi/v1/fundingRate’ API.
On the user interface, I see the funding rate is ‘-1,…%’. However, when I use the ‘/fapi/v1/fundingRate’ API to query the funding rate is ‘-0.00586696’ for TRXUSDT symbol
interface:
API:
Please provide some insights to help me have a clearer understanding of how funding rates work on Binance Futures and how to get in via API endpoint.
Thank you!