$CTK ｜Funding rate -0.24%｜Shorts pay｜Current price 0.1244
Before discussing funding, first understand the rate.
Only those still holding a position at settlement pay or receive funding; positions closed before settlement neither pay nor receive it.
When the rate returns to normal, it’s usually either because the price has fallen or because traders on the crowded side have exited. Which one it is depends on how open interest changes next.
Several data points confirming one another are more reliable than looking at just one, but even multiple signals can’t provide a definite conclusion.
Before discussing funding, first understand the rate.
Only those still holding a position at settlement pay or receive funding; positions closed before settlement neither pay nor receive it.
When the rate returns to normal, it’s usually either because the price has fallen or because traders on the crowded side have exited. Which one it is depends on how open interest changes next.
Several data points confirming one another are more reliable than looking at just one, but even multiple signals can’t provide a definite conclusion.