Technical Note | $MINA | Funding rate -0.275% | Shorts pay
Definition: Perpetual contracts have no delivery date. The funding rate keeps the contract price close to the spot price: longs and shorts periodically pay fees to each other.
How to read it: A clearly positive rate is generally seen as a sign of overheated bullish sentiment, with more capital using leverage to go long; a deeply negative rate suggests the opposite.
Calculating order size based on the stop-loss distance is much more reliable than guessing your position size.
How you trade is up to you; this is just a record.
Definition: Perpetual contracts have no delivery date. The funding rate keeps the contract price close to the spot price: longs and shorts periodically pay fees to each other.
How to read it: A clearly positive rate is generally seen as a sign of overheated bullish sentiment, with more capital using leverage to go long; a deeply negative rate suggests the opposite.
Calculating order size based on the stop-loss distance is much more reliable than guessing your position size.
How you trade is up to you; this is just a record.