$BTW Current funding rate: -0.052% (settled every 4 hours); shorts pay.
Let's use this figure to break down funding rates.
When the contract price is above the spot index, the rate is often positive, and longs pay. When it's below the spot price, the rate is often negative, and shorts pay.
The rate only reflects the imbalance between longs and shorts in the futures market; it doesn't indicate spot demand.
Don't chase a trade at the most volatile moment. Wait for the candlestick to close and stabilize before taking a look.
#BTW
Let's use this figure to break down funding rates.
When the contract price is above the spot index, the rate is often positive, and longs pay. When it's below the spot price, the rate is often negative, and shorts pay.
The rate only reflects the imbalance between longs and shorts in the futures market; it doesn't indicate spot demand.
Don't chase a trade at the most volatile moment. Wait for the candlestick to close and stabilize before taking a look.
#BTW