$BAT Current funding rate: -0.116% (settled every 8 hours). Shorts pay. Simply annualized based on this period, that’s about 126.8%.
Let’s use this figure to break down the funding rate.
The annualized rate is simply the current rate multiplied across 365 days. The rate changes every period, so don’t treat it as the actual cost for a year.
Funding rates should generally be considered alongside open interest and price: when the rate is high and open interest rises sharply, the market is usually more crowded.
Don’t chase a trade at the most volatile moment. Wait for the price action to play out before deciding.
#BAT
Let’s use this figure to break down the funding rate.
The annualized rate is simply the current rate multiplied across 365 days. The rate changes every period, so don’t treat it as the actual cost for a year.
Funding rates should generally be considered alongside open interest and price: when the rate is high and open interest rises sharply, the market is usually more crowded.
Don’t chase a trade at the most volatile moment. Wait for the price action to play out before deciding.
#BAT