$RLC Latest funding rate: -0.252% (settled every 4 hours); shorts pay.
Guys, what is a funding rate? Here's the short version 👇
Funding fees are deducted from or added to your account balance. The longer you hold a position, the more fees accumulate.
Funding rates usually return to normal either through a price correction or when the crowded side exits. Which one happens depends on how open interest changes next.
Leave enough room when holding futures positions—don't let a sudden sharp move force you out of a trade.
#RLC
Guys, what is a funding rate? Here's the short version 👇
Funding fees are deducted from or added to your account balance. The longer you hold a position, the more fees accumulate.
Funding rates usually return to normal either through a price correction or when the crowded side exits. Which one happens depends on how open interest changes next.
Leave enough room when holding futures positions—don't let a sudden sharp move force you out of a trade.
#RLC