$RVN latest funding rate -0.0593% (settled every 4 hours), shorts pay, and based on this period the simple annualized rate is about 129.9%.
Let's use this figure to break down the funding rate.
Only those who still hold positions at the settlement moment participate in paying or receiving funding; positions closed before settlement neither pay nor receive it.
When comparing funding rates, it's best to normalize them to the same settlement cycle: for the same rate, a contract settled every 4 hours will be settled more times in a day.
Order size should be calculated based on stop-loss distance; it's much more reliable than guessing position size.
Let's use this figure to break down the funding rate.
Only those who still hold positions at the settlement moment participate in paying or receiving funding; positions closed before settlement neither pay nor receive it.
When comparing funding rates, it's best to normalize them to the same settlement cycle: for the same rate, a contract settled every 4 hours will be settled more times in a day.
Order size should be calculated based on stop-loss distance; it's much more reliable than guessing position size.