The Bitcoin Credit Stack
all rates APR, act/365 · as of 2026-09-04

Indicators · credit

Leverage Conviction Index

lci

The annualised cost of holding leveraged BTC long exposure via perpetual futures funding. NOT a Gavel rate: sourced from Binance BTCUSDT 8-hour funding, summed over the rolling window and annualised. Positive means longs pay shorts (net long conviction); negative means shorts pay longs. Functions as the zero-duration point of the capital stack.

Unitsannualised % by rolling window
Computed at2026-09-05T03:57:19.318Z
Historyserved

Reading

computed_at2026-09-05T03:57:19.318Z
lci
7d
value8.2032
data_points21
14d
value8.7941
data_points42
30d
value7.582
data_points90
60d
value6.823
data_points180
90d
value5.6961
data_points270
180d
value2.8955
data_points540
365d
value3.3654
data_points1095
730d
value5.1358
data_points2190
signalPOSITIVE

Where this comes from

RESThttps://api.bitcoincreditstack.com/v1/credit/lci
MCPget_indicator({ indicator: "lci" })

The payload carries more than this page renders — the full nested structure, and for most indicators a daily history this page does not chart. That asymmetry is deliberate.