Today's crypto routine: $BLUR has a current funding rate of -0.253% (settled every 4 hours), with shorts paying the fee.
Shorts are paying rent; I'm just keeping the books.
A quick serious explainer: funding is calculated by multiplying the position's notional value by the funding rate. For a position with a notional value of 10,000 USDT, a 0.01% rate means 1 USDT per funding period.
Calculating your order size based on your stop-loss distance is much more reliable than picking a position size by gut feel.
Shorts are paying rent; I'm just keeping the books.
A quick serious explainer: funding is calculated by multiplying the position's notional value by the funding rate. For a position with a notional value of 10,000 USDT, a 0.01% rate means 1 USDT per funding period.
Calculating your order size based on your stop-loss distance is much more reliable than picking a position size by gut feel.