BTC Perp Funding Z-Score (30d)

Standard-deviation distance of the current 8-hour perpetual funding rate from its trailing 30-day mean. Reads whether a price move was paid for by crowded leverage or happened without one.

Category: calculated. Derived metrics combine multiple data sources into single indicators. These are computed server-side so you get the interpreted signal without building the calculation yourself.

API: GET /api/metrics/btc-perp-funding-zscore-30d

Used in briefings: Factor Attribution, Crypto Derivatives Positioning

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