$LA Current funding rate: -0.254% (settled every 4 hours); shorts pay.
A question every beginner asks: What is the funding rate?
The rate mainly consists of two parts: the contract’s premium or discount relative to spot, plus a fixed interest rate component. When the premium is small, most contracts stay around 0.01% per 8-hour period.
Short sellers are paying rent; I’m just here listening in.
Any indicator only summarizes market movements that have already happened. The market could just as easily move in the opposite direction.
#LA
A question every beginner asks: What is the funding rate?
The rate mainly consists of two parts: the contract’s premium or discount relative to spot, plus a fixed interest rate component. When the premium is small, most contracts stay around 0.01% per 8-hour period.
Short sellers are paying rent; I’m just here listening in.
Any indicator only summarizes market movements that have already happened. The market could just as easily move in the opposite direction.
#LA