🐋 $RLC latest funding rate: -0.252% (settled every 4 hours); shorts pay.
Funding rates often reflect which side of a position is getting crowded first.
Spot trading does not involve funding fees; funding rates apply only to positions in perpetual contracts.
Deeply negative funding rates are sometimes common when shorts are crowded. A short squeeze is a commonly cited risk, but it’s only one possibility.
Comparing multiple indicators is more reliable than looking at just one, but even multiple indicators can’t provide a definitive conclusion.

Do your own research before trading.