Why does my balance gradually shrink even though my position hasn't changed?
Binance funding rates consist of two parts: the premium index and the interest rate. The further the contract price is above or below the price index, the more the rate usually deviates from the baseline.
Key point: Before comparing the rates of two contracts, first check their settlement intervals. With the same rate, more frequent settlements add up to more.
Related coin: $BTC quoted at 82972.01 (24h +2.23%).
Don't place an order just because everyone around you is doing it.
#BTC
How you trade is up to you; this is just a record.
Binance funding rates consist of two parts: the premium index and the interest rate. The further the contract price is above or below the price index, the more the rate usually deviates from the baseline.
Key point: Before comparing the rates of two contracts, first check their settlement intervals. With the same rate, more frequent settlements add up to more.
Related coin: $BTC quoted at 82972.01 (24h +2.23%).
Don't place an order just because everyone around you is doing it.
#BTC
How you trade is up to you; this is just a record.