Funding Rate: A Small but Useful Signal
The latest Binance SHELLUSDT perpetual funding observations checked were around +0.005% per 4 hours.
A positive funding rate generally means long positions pay short positions under the contract's funding mechanism.
However, a single funding reading is not enough to establish market sentiment or predict the next price move.
#SHELL #FundingRate #Binance
The latest Binance SHELLUSDT perpetual funding observations checked were around +0.005% per 4 hours.
A positive funding rate generally means long positions pay short positions under the contract's funding mechanism.
However, a single funding reading is not enough to establish market sentiment or predict the next price move.
#SHELL #FundingRate #Binance