$RLC Latest funding rate: -0.252% (settled every 4 hours). Shorts pay, and simply annualizing this period’s rate gives approximately 551.9%.
How is this figure calculated?
Perpetual contracts have no expiration date. The funding rate helps keep the contract price close to the spot price: longs and shorts periodically pay each other a fee.
Learning to read indicators isn’t difficult; the hard part is sticking to your plan when market conditions get extreme.

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