Technical Note | $ERA | Funding Rate -0.0991% | Shorts Pay
Definition: Funding settlement intervals vary by contract. Some settle every 8 hours, others every 4 hours. In extreme market conditions, certain contracts may be adjusted to 1-hour intervals. Refer to the contract page for details.
Common interpretation: Deeply negative funding rates are sometimes seen when short positions are overly concentrated. A commonly cited risk is that shorts may be forced to cover, pushing prices higher—but this is only one possible scenario.
Any data describes past price movements; the market can always move in the opposite direction.
#ERA
DYOR. Trade rationally.
Definition: Funding settlement intervals vary by contract. Some settle every 8 hours, others every 4 hours. In extreme market conditions, certain contracts may be adjusted to 1-hour intervals. Refer to the contract page for details.
Common interpretation: Deeply negative funding rates are sometimes seen when short positions are overly concentrated. A commonly cited risk is that shorts may be forced to cover, pushing prices higher—but this is only one possible scenario.
Any data describes past price movements; the market can always move in the opposite direction.
#ERA
DYOR. Trade rationally.