The market mini-show is back with an update: the latest funding rate for $XAI is -0.056% (settled every 4 hours), with shorts paying.
Short sellers are paying the toll; I’m keeping the books.
A quick bit of educational info: perpetual contracts have no expiry date. Funding rates help keep contract prices close to spot prices, with longs and shorts periodically paying each other a fee.
Calculating position size based on your stop-loss distance is much more reliable than picking a position size on a whim.
Markets move quickly, so make your own judgments.
Short sellers are paying the toll; I’m keeping the books.
A quick bit of educational info: perpetual contracts have no expiry date. Funding rates help keep contract prices close to spot prices, with longs and shorts periodically paying each other a fee.
Calculating position size based on your stop-loss distance is much more reliable than picking a position size on a whim.
Markets move quickly, so make your own judgments.