$RLC |Funding rate -0.101%|Shorts pay
Before looking at positions, understand the funding rate.
This money is paid between traders; it is not a fee charged by the exchange.
Deeply negative funding rates sometimes occur when short positions are overly concentrated. A short squeeze is a commonly cited risk, but it is only one possibility.
Don’t change your strategy based on a single number, and never gamble borrowed money on a prediction.
Before looking at positions, understand the funding rate.
This money is paid between traders; it is not a fee charged by the exchange.
Deeply negative funding rates sometimes occur when short positions are overly concentrated. A short squeeze is a commonly cited risk, but it is only one possibility.
Don’t change your strategy based on a single number, and never gamble borrowed money on a prediction.