{"enrichment":{"faq":[{"a":"perp-funding-basis decodes perpetual futures funding mechanics to identify carry trade setups and leverage extremes. The skill covers funding rate regimes, annualized basis signals, delta-neutral trade construction, and cross-exchange arbitrage spreads using real microstructure data from OKX and other venues.","q":"What is perpetual futures funding rate analysis and how does perp-funding-basis help?"},{"a":"perp-funding-basis teaches you to interpret funding rate signals as sentiment indicators and market structure markers. It explains how to calculate annualized basis, detect funding rate regimes (normal, elevated, extreme), and recognize when long or short squeezes are building based on funding divergence patterns.","q":"How do I read perpetual funding rates with perp-funding-basis?"},{"a":"perp-funding-basis spots cross-exchange funding rate spreads\u2014the gaps between OKX, Binance, Bybit, and other venues. It helps you execute delta-neutral carry trades by simultaneously longing spot or futures on one exchange while shorting perpetuals on another, capturing the funding rate differential for yield generation.","q":"What funding rate arbitrage opportunities can perp-funding-basis identify?"},{"a":"perp-funding-basis analyzes funding rate regimes to flag when markets are stretched. Extreme positive funding signals potential long squeezes; extreme negative funding warns of short squeezes. The skill correlates funding divergence with open interest matrices to spot when leverage is concentrated and vulnerable to liquidation cascades.","q":"How does perp-funding-basis detect market extremes and squeeze risks?"},{"a":"Yes. perp-funding-basis treats funding divergence as a directional signal\u2014when funding rates spike or invert across venues, it often precedes directional moves. The skill helps you interpret whether elevated funding reflects genuine directional conviction or unsustainable leverage, informing your trade timing and risk management.","q":"Can perp-funding-basis be used as a directional trading signal?"},{"a":"perp-funding-basis covers perpetual swap basis mechanics, spot-futures pricing relationships, and how funding schedules (like OKX's hourly settlements) shape arbitrage windows. It grounds all analysis in real market data so you understand why basis contango or backwardation emerges and how to exploit it.","q":"What perpetual futures microstructure does perp-funding-basis explain?"}],"shadow_tags":["derivatives-microstructure","leverage-positioning","arbitrage-opportunities","crowd-sentiment","squeeze-detection","market-regimes","delta-neutral-strategies","exchange-spreads","contango-dynamics"],"summary_rewrite":"This skill decodes perpetual futures funding mechanics to spot carry trade setups and leverage extremes. It covers funding rate regimes, annualized basis signals, delta-neutral trade construction, and cross-exchange arbitrage spreads\u2014all grounded in real microstructure data from OKX and other venues."},"files":[{"bytes":10749,"path":"agent/src/skills/perp-funding-basis/SKILL.md","sha256":"897793a1a62e633f76fbad9a00156377bdb1e53beefbaf0ce2a1dc8e90a1ffda","url":"https://skillfed.io/files/HKUDS/Vibe-Trading/perp-funding-basis/f9a4b5dc/SKILL.md"}],"id":"HKUDS/Vibe-Trading/perp-funding-basis","links":{"html":"https://skillfed.io/HKUDS/Vibe-Trading/perp-funding-basis","md":"https://skillfed.io/HKUDS/Vibe-Trading/perp-funding-basis.md","repo":"https://github.com/HKUDS/Vibe-Trading"},"meta":{"agents_supported":[],"first_seen":"2026-07-28","forks":4557,"language":"Python","last_updated":"2026-07-27","license":"MIT","name":"perp-funding-basis","publisher":"HKUDS","stars":28096},"relations":{"similar":[{"id":"HKUDS/Vibe-Trading/crypto-derivatives"},{"id":"Blave-TW/blave-quant-skill/blave-quant-skill"},{"id":"himself65/finance-skills/hyperliquid-reader"},{"id":"Starchild-ai-agent/official-skills/coinglass"},{"id":"okx/plugin-store/market-structure-analyzer"},{"id":"star23/Day1Global-Skills/btc-bottom-model"},{"id":"agiprolabs/claude-trading-skills/sentiment-analysis"},{"id":"6551Team/opentrade/opentrade-cex"},{"id":"agiprolabs/claude-trading-skills/custom-indicators"},{"id":"organvm/a-i--skills/defi-trading-systems"}]},"slug":{"owner":"HKUDS","repo":"Vibe-Trading","skill":"perp-funding-basis"},"version":"f9a4b5dc"}