Funding rate, in plain terms, is the “toll fee” paid between long and short positions.
The $Lobster is currently funded by longs: 0.0484%, annualized roughly 105.9%.
Anyone willing to pay such a high fee to hold long positions means the leverage chasing longs is crowded; at this time, “smart money” often collects the funding rate.
Do you guys usually set stop-loss orders and then enter?
Just my personal opinion—don’t take it too seriously.
The $Lobster is currently funded by longs: 0.0484%, annualized roughly 105.9%.
Anyone willing to pay such a high fee to hold long positions means the leverage chasing longs is crowded; at this time, “smart money” often collects the funding rate.
Do you guys usually set stop-loss orders and then enter?
Just my personal opinion—don’t take it too seriously.