Funding Rate Bounding Research

Today, dYdX bounds funding rates to a range between -0.75% and 0.75%. Capped funding rates make the exchange vulnerable to issues like oracle drift due to funding rate arbitrages and excessive trading flow. We are looking for experienced risk teams and perpetual market researchers to conduct in-depth research on setting the optimal max funding rate for dYdX. The deliverable should include a report with peer analysis, and a community vote to enact the changes.

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