$CTK Current funding rate: -0.278% (settled every 4 hours); shorts pay.
A beginner’s question: What is the funding rate?
This payment is exchanged between long and short positions; it is not a fee charged by the exchange.
The rate only reflects an imbalance between supply and demand in the futures market; it does not indicate the strength of spot buying.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than getting the prediction right.
#CTK
A beginner’s question: What is the funding rate?
This payment is exchanged between long and short positions; it is not a fee charged by the exchange.
The rate only reflects an imbalance between supply and demand in the futures market; it does not indicate the strength of spot buying.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than getting the prediction right.
#CTK