$RLC Current funding rate: -0.0536% (settled every 4 hours); shorts pay.
Guys, what is the funding rate? Here’s a quick explanation👇
Annualized rates simply extrapolate this period’s rate over 365 days. The rate changes every period, so don’t treat it as a definitive annualized figure.
A one-sided funding rate doesn’t mean an immediate reversal. Overheated sentiment can get even hotter for several days.
The same data can mean completely different things in different market conditions, so don’t blindly apply a rule of thumb.
Guys, what is the funding rate? Here’s a quick explanation👇
Annualized rates simply extrapolate this period’s rate over 365 days. The rate changes every period, so don’t treat it as a definitive annualized figure.
A one-sided funding rate doesn’t mean an immediate reversal. Overheated sentiment can get even hotter for several days.
The same data can mean completely different things in different market conditions, so don’t blindly apply a rule of thumb.