$SIREN Current funding rate: -0.0558% (settled every 4 hours). Shorts pay, which works out to an annualized rate of about 122.1% based on this interval.
Let’s use this figure to talk about funding rates.
Settlement intervals vary by contract: some settle every 8 hours, others every 4 hours, and in extreme market conditions, certain contracts may be adjusted to settle every hour. Check the contract page for details.
Many people pay more attention to how long a rate lasts: staying at an extreme level for several consecutive intervals is more informative than a one-off spike.
Leave plenty of room in your contract positions so a sudden move doesn’t wipe out your trade.
This is not a recommendation. Buy or sell at your own discretion.
Let’s use this figure to talk about funding rates.
Settlement intervals vary by contract: some settle every 8 hours, others every 4 hours, and in extreme market conditions, certain contracts may be adjusted to settle every hour. Check the contract page for details.
Many people pay more attention to how long a rate lasts: staying at an extreme level for several consecutive intervals is more informative than a one-off spike.
Leave plenty of room in your contract positions so a sudden move doesn’t wipe out your trade.
This is not a recommendation. Buy or sell at your own discretion.