Market Notes｜$BLUR ｜Funding Rate -0.466%｜Shorts Pay
Definition: The funding fee is calculated by multiplying a position’s notional value by the funding rate. For a position with a notional value of 10,000 U, a rate of 0.01% means a fee of 1 U per funding period.
How to read it: The funding rate should generally be viewed alongside open interest and price. When the rate is very high and open interest rises sharply, leverage is often higher.
Don’t change your approach based on a single indicator, and never gamble on a particular reading with borrowed money.
#BLUR
Definition: The funding fee is calculated by multiplying a position’s notional value by the funding rate. For a position with a notional value of 10,000 U, a rate of 0.01% means a fee of 1 U per funding period.
How to read it: The funding rate should generally be viewed alongside open interest and price. When the rate is very high and open interest rises sharply, leverage is often higher.
Don’t change your approach based on a single indicator, and never gamble on a particular reading with borrowed money.
#BLUR