$WAL |Rate -0.547%|Shorts pay|Current price 0.05034
Before looking at positions, understand the funding rate.
The rate consists of two parts: the premium of the contract over the spot price, plus a base interest rate component. When the premium is small, most contracts settle at around 0.01% on an 8-hour basis.
A one-sided funding rate doesn’t mean a reversal is imminent; overheated sentiment can sometimes get even hotter for several days.
Leave plenty of margin for leveraged positions so a sudden price swing doesn’t liquidate your position.
#WAL
This data is for reference only. Make your own independent decisions.
Before looking at positions, understand the funding rate.
The rate consists of two parts: the premium of the contract over the spot price, plus a base interest rate component. When the premium is small, most contracts settle at around 0.01% on an 8-hour basis.
A one-sided funding rate doesn’t mean a reversal is imminent; overheated sentiment can sometimes get even hotter for several days.
Leave plenty of margin for leveraged positions so a sudden price swing doesn’t liquidate your position.
#WAL
This data is for reference only. Make your own independent decisions.
