watchers.funding-rate

WATCHER: get a signed callback when a Hyperliquid perpetual's hourly funding rate crosses a level (e.g. flips negative). Arm once, pay once. Pass coin (e.g. BTC, ETH). conditionType 'above'/'below'; threshold is the hourly funding rate (can be negative, e.g. -0.0001). Fires once per crossing; bounded by maxFires/expiry. Data via Hyperliquid. Signed (verify offline) + retried; recoverable via watchers.status. Returns a watcherId.

Overview

The funding rate API is a pay-per-call watchers endpoint built for AI agents and autonomous software. WATCHER: get a signed callback when a Hyperliquid perpetual's hourly funding rate crosses a level (e.g.

There is no signup and no API key. An agent (or any HTTP client) hits the endpoint, receives an x402 "402 Payment Required" challenge, signs a sub-cent USDC payment on Base or Solana, and retries — the data comes back on the paid request. That makes it a drop-in funding rate data source for an agent tool-use loop, an MCP host, or a backend that needs watchers data on demand without onboarding to yet another vendor portal.

Use cases

• Give an AI agent live funding rate lookups as a tool, with no API key to provision or rotate — the agent pays per call from a wallet you fund.
• Enrich records in a data pipeline with watchers data, paying only for the calls you actually make instead of a monthly seat.
• Ground LLM answers in authoritative watchers data to cut hallucination, then optionally request a signed response for verifiability.
• Prototype against the live funding rate API in minutes using the free trial call, then flip to per-call x402 payment for production with no code change.

Parameters

Code samples

# 1. Probe the endpoint with no auth — receive 402 with PaymentRequirements
curl -sS -X POST 'https://2s.io/api/watchers/funding-rate' \
  -H 'Content-Type: application/json' \
  -d '{"coin":"example","conditionType":"above","threshold":1,"callbackUrl":"https://example.com","payload":{},"expiresInSeconds":60,"maxFires":1,"label":"example"}'

# 2. Sign the EIP-3009 transferWithAuthorization for the advertised price +
#    payTo from the 402 envelope, then retry with PAYMENT-SIGNATURE:
curl -sS -X POST 'https://2s.io/api/watchers/funding-rate' \
  -H 'Content-Type: application/json' \
  -H 'PAYMENT-SIGNATURE: <base64-json-payload>' \
  -d '{"coin":"example","conditionType":"above","threshold":1,"callbackUrl":"https://example.com","payload":{},"expiresInSeconds":60,"maxFires":1,"label":"example"}'

# Or just use the canonical runner — it handles the whole loop:
#   EVM_PRIVATE_KEY=0x... node --env-file=.env.local \
#     --experimental-strip-types scripts/x402-pay.ts \
#     'https://2s.io/api/watchers/funding-rate'

import { TwoS } from '@2sio/sdk'

const client = new TwoS({
  privateKey: process.env.EVM_PRIVATE_KEY as `0x${string}`,
})

const result = await client.watchers.fundingRate({
  "coin": "example",
  "conditionType": "above",
  "threshold": 1,
  "callbackUrl": "https://example.com",
  "payload": {},
  "expiresInSeconds": 60,
  "maxFires": 1,
  "label": "example"
})

console.log('endpoint:', result.endpoint)
console.log('cost:', result.costUsd, 'USDC')
console.log('tx:', result.settlement?.txHash)
console.log('data:', result.data)

import os
from twosio import TwoS

client = TwoS(private_key=os.environ["EVM_PRIVATE_KEY"])

result = client.watchers.funding_rate(coin="example", conditionType="above", threshold=1, callbackUrl="https://example.com", payload={}, expiresInSeconds=60, maxFires=1, label="example")

print("endpoint:", result.endpoint)
print("cost:", result.cost_usd, "USDC")
print("tx:", (result.settlement or {}).get("tx_hash"))
print("data:", result.data)

// 1. Add @2sio/mcp to your MCP host config (Claude Desktop example below).
//    EVM_PRIVATE_KEY funds x402 payments per call.

// claude_desktop_config.json
{
  "mcpServers": {
    "2sio": {
      "command": "npx",
      "args": ["-y", "@2sio/mcp"],
      "env": { "EVM_PRIVATE_KEY": "0x..." }
    }
  }
}

// 2. Once the server is running, agents call this tool via standard MCP:

{
  "jsonrpc": "2.0",
  "id": 1,
  "method": "tools/call",
  "params": {
    "name": "watchers.funding-rate",
    "arguments": {
      "coin": "example",
      "conditionType": "above",
      "threshold": 1,
      "callbackUrl": "https://example.com",
      "payload": {},
      "expiresInSeconds": 60,
      "maxFires": 1,
      "label": "example"
    }
  }
}

Response

{
  "ok": true,
  "items": [
    {}
  ],
  "total": 1,
  "source": {
    "provider": "example",
    "url": "example",
    "license": "example"
  }
}

FAQ

Do I need an API key to use the funding rate API?

No. watchers.funding-rate is x402-native — there is no signup and no API key. Your client makes the call, receives a 402 with payment requirements, signs a USDC payment, and retries. Funds come from a wallet you control.

How much does the funding rate API cost?

$0.0500 USDC per call, charged per request. There are no monthly fees, seats, or minimums — you pay only for the calls you make.

Can I try the funding rate API for free first?

Yes. Add ?trial=1 (or the header X-2s-Trial: 1) to get a free real call per endpoint per hour, so you can verify the response shape before wiring payment.

Which networks and tokens are supported?

USDC on Base (via EIP-3009 transferWithAuthorization) or Solana (SPL transfer), using the open x402 payment protocol.

How do I call watchers.funding-rate from an AI agent or MCP host?

Use @2sio/sdk (TypeScript), 2sio (Python), or the @2sio/mcp server for any MCP host — each handles the probe → sign → retry loop for you. See the code samples on this page.

Discovery

• /api/directory — full catalog of every endpoint
• /openapi.json — OpenAPI 3.1 spec (per-op x-payment-info, x402Payment security)
• /.well-known/x402 — machine-readable service descriptor for x402-aware crawlers
• /.well-known/mcp/server-card.json — MCP SEP-1649 server card
• /llms.txt — plain-text manifest for LLM ingestion