🧮 $RLC latest funding rate: -0.28% (settled every 4 hours). Shorts pay; simply annualized based on this period, that’s about 612.2%.
【Terminology】What is a funding rate?
Perpetual contracts have no settlement date. Funding rates keep contract prices anchored to spot prices by having longs and shorts periodically pay each other a fee.
Unusual readings often come with greater volatility. At times like these, it’s better to reduce your position rather than increase it.
Do your own research before placing an order.
【Terminology】What is a funding rate?
Perpetual contracts have no settlement date. Funding rates keep contract prices anchored to spot prices by having longs and shorts periodically pay each other a fee.
Unusual readings often come with greater volatility. At times like these, it’s better to reduce your position rather than increase it.
Do your own research before placing an order.