$WAL ｜Rate: -0.0827%｜Shorts pay
What is the funding rate? When the funding rate is positive, longs pay those holding short positions; when it is negative, the reverse is true: shorts pay longs.
Some people also treat extreme funding rates as a contrarian signal, but historically, there have been cases where prices continued moving in one direction even after funding rates reached extremes.
Calculating your order size based on where you place your stop-loss is much more reliable than picking a position size off the top of your head.
#WAL
What is the funding rate? When the funding rate is positive, longs pay those holding short positions; when it is negative, the reverse is true: shorts pay longs.
Some people also treat extreme funding rates as a contrarian signal, but historically, there have been cases where prices continued moving in one direction even after funding rates reached extremes.
Calculating your order size based on where you place your stop-loss is much more reliable than picking a position size off the top of your head.
#WAL