Market Notes|$BERA |Funding Rate -0.0804%|Shorts Pay
Definition: Perpetual contracts have no expiry date. Funding rates help keep contract prices close to spot prices: longs and shorts periodically pay each other a fee.
How to read it: When comparing funding rates, it's best to use the same settlement interval. For the same rate, a contract that settles every 4 hours settles more times per day.
Learning to read indicators isn't hard; the hard part is sticking to your plan when emotions are running highest.