$RLC Current funding rate: -0.0678% (settled every 4 hours); shorts pay.
Let’s talk about what’s behind this number.
You can think of the funding rate as a toll for holding a position: whichever side pushes the contract price away from the spot price is usually the side that pays.
All data summarizes market movements that have already happened; the market could very well move in the opposite direction.
#RLC
Let’s talk about what’s behind this number.
You can think of the funding rate as a toll for holding a position: whichever side pushes the contract price away from the spot price is usually the side that pays.
All data summarizes market movements that have already happened; the market could very well move in the opposite direction.
#RLC