$RLC funding rate -0.173% (shorts pay, annualized about 379.3%).
The funding rate is a thermometer for long and short positions in the contract market; if it is too hot or too cold, it is a signal to be careful.
After an abnormal move, it often enters a period of digestion, and the way it consolidates affects which direction it will go next.

#RLC

Personal notes, make your own buying and selling decisions.