$CTK Current funding rate: -0.219% (settled every 4 hours). Shorts pay. Simple annualized rate based on this period: approximately 479.7%.
Let’s use this figure to break down funding rates.
This payment is settled between traders; it’s not a fee charged by the exchange.
Funding rates are best viewed alongside open interest and price: when the rate is very high and open interest is surging, leverage is often higher.
It’s much safer to work out your order size based on where you place your stop-loss than to choose a position size by feel.
#CTK
Please do your own research before trading.
Let’s use this figure to break down funding rates.
This payment is settled between traders; it’s not a fee charged by the exchange.
Funding rates are best viewed alongside open interest and price: when the rate is very high and open interest is surging, leverage is often higher.
It’s much safer to work out your order size based on where you place your stop-loss than to choose a position size by feel.
#CTK
Please do your own research before trading.