$WAL Current funding rate: -0.394% (settled every 4 hours). Shorts pay; simply annualized based on this period, that’s approximately 862.3%.
Let’s use this figure to explain funding rates.
Spot trading doesn’t involve funding fees; they apply only to perpetual contract positions.
When comparing rates, it’s best to use the same settlement interval. With the same rate, a contract settled every 4 hours will charge or pay several times a day.
Don’t place an order at the most volatile moment. Wait for the candle to close, then take a look.
Let’s use this figure to explain funding rates.
Spot trading doesn’t involve funding fees; they apply only to perpetual contract positions.
When comparing rates, it’s best to use the same settlement interval. With the same rate, a contract settled every 4 hours will charge or pay several times a day.
Don’t place an order at the most volatile moment. Wait for the candle to close, then take a look.