MyCryptoParadise Unveils MCP Insights with Live Crypto Funding Rates
MyCryptoParadise has launched MCP Insights, a free public section of its website that publishes live cryptocurrency market data. This includes funding rates and squeeze probability across 12 major exchanges.
The funding rates are periodic payments between long and short traders to hold a perpetual futures contract close to the spot price. MyCryptoParadise grades this pressure into a single reading, called squeeze probability. It's a percentile of how crowded a coin's positioning is compared to the previous 24 months.
A companion figure shows how often a squeeze-sized move has followed similar readings historically. This data is published as a read on current positioning, not as a forecast.
The founder and CEO of MyCryptoParadise, Simon Mach, said 'Funding tells you who's paying to stay in a trade. That's arithmetic, not a secret.'