⏰ $API3 Funding rate dropped to -0.0658%🧊
Don't rush—understand the funding rate before taking action👇
Perpetual contracts have no expiry date. The funding rate helps keep contract prices close to spot prices: longs and shorts periodically pay each other a fee.
All data describes past movements, and the market could move in the opposite direction at any time.
#API3
Volatility is high, so manage your leverage carefully.
Don't rush—understand the funding rate before taking action👇
Perpetual contracts have no expiry date. The funding rate helps keep contract prices close to spot prices: longs and shorts periodically pay each other a fee.
All data describes past movements, and the market could move in the opposite direction at any time.
#API3
Volatility is high, so manage your leverage carefully.