$ERA Current funding rate: -0.0991% (settled every 4 hours). Shorts pay, which translates to an annualized rate of about 217.1% based on this period.
How is this figure calculated?
You can think of the funding rate as a toll for holding a position: whichever side pushes the contract price away from the spot price is generally the side that pays.
Leave enough room in your futures position so a sudden move doesn’t liquidate it.

#ERA

For reference only; not investment advice.