🐋 $AGT Current funding rate: +0.104% (settled every 4 hours). Longs pay; simply annualized based on this period, that’s about 227%.
The direction positions are crowding into is often reflected in the funding rate first.
Funding fees are deducted from or added to your account balance. The longer you hold a position, the more fees accumulate.
For those holding positions on the paying side, the more extreme the rate, the more you pay at each settlement—and the higher your holding costs.
Indicators can fail, so don’t skip risk management: deciding in advance what to do if you’re wrong matters more than whether your prediction is right.