$WAL ｜Funding rate: -0.518%｜Shorts pay
Before discussing funding, first understand the funding rate.
This payment is exchanged between longs and shorts; it is not a fee charged by the exchange.
Funding rates usually return to normal either through a price correction or when one side of the crowded trade closes its positions. Which one it is depends on how open interest changes next.
Don't place orders during the fastest-moving minutes. Wait for the price to settle before taking a look.
#WAL
NFA. Do your own research.
Before discussing funding, first understand the funding rate.
This payment is exchanged between longs and shorts; it is not a fee charged by the exchange.
Funding rates usually return to normal either through a price correction or when one side of the crowded trade closes its positions. Which one it is depends on how open interest changes next.
Don't place orders during the fastest-moving minutes. Wait for the price to settle before taking a look.
#WAL
NFA. Do your own research.