add how to convert to funding rate into actual rate

drift-labs · Aug 15, 2024 · 90ffbdd · 90ffbdd
1 parent 30141c8
commit 90ffbdd
Showing 1 changed file with 2 additions and 0 deletions.
diff --git a/source/includes/_historicaldata.md b/source/includes/_historicaldata.md
@@ -64,6 +64,8 @@ note: 'rate' is in quote per base, to allow for async settlement
 | --- | --- | --- |
 | fundingRate | the quote asset amount (precision=1e6) per base asset amount (precision=1e9) | |
 
+to convert to the rates seen on the ui, use the following formula: `fundingRate * oraclePriceTwap / BASE_PRECISION / QUOTE_PRECISION * 100`
+
 <!-- ### market-trades
 
 ### funding-payments