$LA Current funding rate: -0.272% (settled every 4 hours); shorts pay.
Everyone, what exactly is a funding rate? Here’s a quick explanation 👇
Perpetual contracts have no expiry date. Funding rates keep contract prices anchored to spot prices by having longs and shorts periodically pay each other a fee.
When comparing rates, convert them to the same settlement interval: the same rate on a contract that settles every 4 hours means payments are made several times a day.
The point of understanding an indicator is to avoid being spooked by a single number—not to use it to pinpoint tops and bottoms.
Data is from publicly available information; please verify it yourself.
Everyone, what exactly is a funding rate? Here’s a quick explanation 👇
Perpetual contracts have no expiry date. Funding rates keep contract prices anchored to spot prices by having longs and shorts periodically pay each other a fee.
When comparing rates, convert them to the same settlement interval: the same rate on a contract that settles every 4 hours means payments are made several times a day.
The point of understanding an indicator is to avoid being spooked by a single number—not to use it to pinpoint tops and bottoms.
Data is from publicly available information; please verify it yourself.