Market Notes｜$TRUTH ｜Funding rate +0.0264%｜Longs pay｜Current price 0.02213
Definition: Annualized rate is simply the current funding rate extrapolated over a year. The rate changes each period, so don’t treat it as the actual cost for a year.
How to read it: A clearly positive funding rate is often interpreted as overheated bullish sentiment, with more capital using leverage to go long; negative depth suggests the opposite.
The point of understanding an indicator is to be less alarmed by any single number—not to use it to predict price movements.
#TRUTH
Definition: Annualized rate is simply the current funding rate extrapolated over a year. The rate changes each period, so don’t treat it as the actual cost for a year.
How to read it: A clearly positive funding rate is often interpreted as overheated bullish sentiment, with more capital using leverage to go long; negative depth suggests the opposite.
The point of understanding an indicator is to be less alarmed by any single number—not to use it to predict price movements.
#TRUTH