The \fBfundchannel\fR RPC command opens a payment channel with a peer by committing a funding transaction to the blockchain as defined in BOLT #2\&. \fBfundchannel\fR by itself does not attempt to open a connection\&. A connection must first be established using \fBconnect\fR\&. Once the transaction is confirmed, normal channel operations may begin\&. Readiness is indicated by \fBlistpeers\fR reporting a \fIstate\fR of CHANNELD_NORMAL for the channel\&.
\fIsatoshi\fR is the amount in satoshis taken from the internal wallet to fund the channel\&. The string \fIall\fR can be used to specify all available funds (or 16777215 satoshi if more is available)\&. Otherwise, it is in satoshi precision; it can be a whole number, a whole number ending in \fIsat\fR, a whole number ending in \fI000msat\fR, or a number with 1 to 8 decimal places ending in \fIbtc\fR\&. The value cannot be less than the dust limit, currently set to 546, nor more than 16777215 satoshi\&.
\fIfeerate\fR is an optional feerate used for the opening transaction and as initial feerate for commitment and HTLC transactions\&. It can be one of the strings \fIurgent\fR (aim for next block), \fInormal\fR (next 4 blocks or so) or \fIslow\fR (next 100 blocks or so) to use lightningd\(cqs internal estimates: \fInormal\fR is the default\&.
\fIannounce\fR is an optional flag that triggers whether to announce this channel or not\&. Defaults to true\&. An unannounced channel is considered private\&.
Otherwise, \fIfeerate\fR is a number, with an optional suffix: \fIperkw\fR means the number is interpreted as satoshi\-per\-kilosipa (weight), and \fIperkb\fR means it is interpreted bitcoind\-style as satoshi\-per\-kilobyte\&. Omitting the suffix is equivalent to \fIperkb\fR\&.
On success, the \fItx\fR and \fItxid\fR of the transaction is returned, as well as the \fIchannel_id\fR of the newly created channel\&. On failure, an error is reported and the channel is not funded\&.