$WAL Current funding rate: -0.115% (settled every 4 hours); shorts pay.
A beginner’s burning question: What is the funding rate?
Think of the funding rate as rent for holding a position: whichever side pushes the contract price away from the spot price is usually the one that pays.
Shorts are paying rent, and I’m keeping the books.
All data summarizes market movements that have already happened; the market could move in the opposite direction at any time.
#WAL
A beginner’s burning question: What is the funding rate?
Think of the funding rate as rent for holding a position: whichever side pushes the contract price away from the spot price is usually the one that pays.
Shorts are paying rent, and I’m keeping the books.
All data summarizes market movements that have already happened; the market could move in the opposite direction at any time.
#WAL