$SIREN ｜Funding rate +0.0327%｜Longs pay
Before discussing funding, first understand the funding rate.
Funding payments are settled between traders; they are not fees charged by the exchange.
When comparing rates, make sure they use the same settlement interval: the same rate on a contract that settles every 4 hours may be charged several times a day.
Don’t change your original plan based on a single number, and never gamble borrowed money on a hunch.
Before discussing funding, first understand the funding rate.
Funding payments are settled between traders; they are not fees charged by the exchange.
When comparing rates, make sure they use the same settlement interval: the same rate on a contract that settles every 4 hours may be charged several times a day.
Don’t change your original plan based on a single number, and never gamble borrowed money on a hunch.