A note: $AGT has a current funding rate of +0.0686% (settled every 4 hours). Longs pay; simply annualizing this period's rate gives about 150.2%.\nPeople often ask what the funding rate means, so here's how I understand it.\nAnnualized figures simply extrapolate this period's rate over a year. The rate changes every period, so don't treat it as a guaranteed annualized return.\nMany people care more about how long the rate has persisted: several consecutive periods at an extreme level are worth paying more attention to than a single spike.\nIt's more reliable to cross-check several data points than to look at just one, but even more signals can't provide a definitive answer.\n\n#AGT