Data Providers
But in our roadmap we set as milestone to create our internal data provider to streams funding rate signals using oracles and pusher stream technologies.
We start using Coin Glass as data streamer for tracking the funding rate should provide real-time information on the funding rates for long and short positions across multiple exchanges. It should also be able to provide historical data on funding rates, as well as alerts when the funding rate changes significantly.
Coin Glass appears to be a cryptocurrency derivatives trading platform that provides a range of trading tools, including an arbitrage scanner that allows traders to find profitable arbitrage opportunities across multiple exchanges. The funding rate scanner offered by Coin Glass appears to be one of their features, which allows traders to track the funding rates across different exchanges and compare them to find potential arbitrage opportunities.
As for why Coin Glass is a leader in the market, this can be due to several factors such as offering a range of features and trading tools, having a user-friendly interface, providing low fees, and offering excellent customer support. Additionally, Coin Glass may have a strong reputation within the cryptocurrency derivatives trading community, which can attract more traders to use their platform.
However, it's important to note that there are many other cryptocurrency derivatives trading platforms and data streamers available, and traders should conduct their own research to find the platform and data streamer that best suits their needs. They should also be aware of the risks involved in cryptocurrency trading and carefully consider their investment strategies before making any trades.
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