$RLC Current funding rate: -0.101% (settled every 4 hours); shorts pay.
Guys, what is a funding rate? Here’s the short version 👇
When the futures price is above the spot price, the rate is often positive and longs pay; when it’s below the spot price, the rate is usually negative and shorts pay.
When comparing rates, it’s best to convert them to the same settlement interval: at the same rate, a contract settled every 4 hours will settle more times per day.
Indicators can be inaccurate, so don’t neglect risk management: thinking in advance about what you’ll do if you’re wrong matters more than guessing right.
Guys, what is a funding rate? Here’s the short version 👇
When the futures price is above the spot price, the rate is often positive and longs pay; when it’s below the spot price, the rate is usually negative and shorts pay.
When comparing rates, it’s best to convert them to the same settlement interval: at the same rate, a contract settled every 4 hours will settle more times per day.
Indicators can be inaccurate, so don’t neglect risk management: thinking in advance about what you’ll do if you’re wrong matters more than guessing right.