Funding Rates MCP

Funding Rates MCP is an MCP server that provides AI agents with cryptocurrency perpetual futures funding rate data. It exposes structured tools for querying current and historical funding rates across exchanges and trading pairs through the Model Context Protocol. This allows MCP-compatible clients to incorporate derivatives market positioning data into their analytical workflows.

Perpetual futures funding rates are a key indicator of market positioning in the crypto derivatives space. When funding rates are significantly positive, it indicates that leveraged long positions dominate and longs are paying a premium to maintain their positions. When rates turn negative, short sellers are paying the premium. The server makes this data accessible to agents, enabling analysis of market sentiment through the lens of derivatives positioning rather than just spot market activity.

Setup follows the standard MCP server configuration pattern. After connecting to an MCP-compatible client, agents can query funding rate data as part of multi-step analysis that might include spot price data, open interest, and technical indicators. The combination of funding rates with other market data helps agents build a more complete picture of market conditions, particularly around identifying periods of extreme positioning that may precede significant price moves.