$SIREN ｜Funding rate -0.101%｜Shorts pay
Before looking at fund flows, first understand the funding rate.
Funding fees are deducted from your margin or added to your balance. The longer you hold a position, the more noticeable the accumulated fees become.
If you hold a position on the paying side, the higher the funding rate, the more you pay at each settlement, and the higher your holding costs become.
Don’t place an order at the most volatile moment. Wait for the candlestick to close, then take a look.
Just use this as a reference—don’t take it as gospel.
Before looking at fund flows, first understand the funding rate.
Funding fees are deducted from your margin or added to your balance. The longer you hold a position, the more noticeable the accumulated fees become.
If you hold a position on the paying side, the higher the funding rate, the more you pay at each settlement, and the higher your holding costs become.
Don’t place an order at the most volatile moment. Wait for the candlestick to close, then take a look.
Just use this as a reference—don’t take it as gospel.