$SIREN ｜Funding rate -0.0575%｜Shorts pay｜Current price 0.02577
Before discussing funding, let's first understand the funding rate.
Spot trading has no funding fees; funding rates only apply to perpetual contract positions.
The further the rate deviates from normal, the more crowded one side's positions are. If the price moves in the opposite direction, the risk of cascading stop-losses also increases.
Cross-checking multiple indicators is more reliable than looking at just one, but even more signals can't guarantee a definitive conclusion.
This is purely my personal opinion and is not a basis for buying or selling.
Before discussing funding, let's first understand the funding rate.
Spot trading has no funding fees; funding rates only apply to perpetual contract positions.
The further the rate deviates from normal, the more crowded one side's positions are. If the price moves in the opposite direction, the risk of cascading stop-losses also increases.
Cross-checking multiple indicators is more reliable than looking at just one, but even more signals can't guarantee a definitive conclusion.
This is purely my personal opinion and is not a basis for buying or selling.