OPEN-SOURCE SCRIPT
Brewberry Funding Rate Trend
What it shows:
Histogram bars — the raw funding rate per 8-hour interval. Color-coded: bright red above 0.05%, orange above 0.03%, faded green for mild positive, blue for negative. The visual weight makes the current regime immediately obvious.
Yellow line (7-day MA) — this is the important one. The course says repeatedly that a single reading means nothing — it's the trend over 3-7+ days that tells you whether the structure is fragile. This line is that trend.
Purple line (21-day MA) — structural trend. Where the 7-day is above the 21-day and both are elevated, you're in a sustained crowding regime.
Background shading — red tint when 7-day MA crosses above 0.03% (danger zone), deeper red above 0.05% (extreme zone), blue tint when MA goes negative.
Threshold lines — dashed horizontal lines at 0.01%, 0.03%, and 0.05% per 8h with labels showing the annualized equivalent (10.95%, 32.85%, 54.75%).
Cumulative cost box — sums the actual funding paid over your lookback window. Shows the real dollar drain on a long position over the period.
Top-right table — current rate, annualized rate, 7-day avg APR, 21-day avg APR, cumulative cost. All in one glance.
Four built-in alerts — 7d MA enters danger zone, exits danger zone, hits extreme zone, and crosses below zero (short squeeze setup building).
To use on different assets: Change the Asset input from BTCUSDT to ETHUSDT, SOLUSDT, etc.
Histogram bars — the raw funding rate per 8-hour interval. Color-coded: bright red above 0.05%, orange above 0.03%, faded green for mild positive, blue for negative. The visual weight makes the current regime immediately obvious.
Yellow line (7-day MA) — this is the important one. The course says repeatedly that a single reading means nothing — it's the trend over 3-7+ days that tells you whether the structure is fragile. This line is that trend.
Purple line (21-day MA) — structural trend. Where the 7-day is above the 21-day and both are elevated, you're in a sustained crowding regime.
Background shading — red tint when 7-day MA crosses above 0.03% (danger zone), deeper red above 0.05% (extreme zone), blue tint when MA goes negative.
Threshold lines — dashed horizontal lines at 0.01%, 0.03%, and 0.05% per 8h with labels showing the annualized equivalent (10.95%, 32.85%, 54.75%).
Cumulative cost box — sums the actual funding paid over your lookback window. Shows the real dollar drain on a long position over the period.
Top-right table — current rate, annualized rate, 7-day avg APR, 21-day avg APR, cumulative cost. All in one glance.
Four built-in alerts — 7d MA enters danger zone, exits danger zone, hits extreme zone, and crosses below zero (short squeeze setup building).
To use on different assets: Change the Asset input from BTCUSDT to ETHUSDT, SOLUSDT, etc.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.