$BR Current funding rate: -0.229% (settled every 4 hours); shorts pay.
Let's break down the funding rate based on this data.
Perpetual contracts have no expiration date. The funding rate keeps the contract price anchored to the spot price: longs and shorts periodically pay each other a fee.
For the rate to return to normal, the price usually has to pull back, or traders on the crowded side have to close their positions. Which one happens depends on how open interest moves next.
Size your position based on your stop-loss distance—it’s much more reliable than guessing.
#BR
This view could be wrong at any time. Trade at your own risk.
Let's break down the funding rate based on this data.
Perpetual contracts have no expiration date. The funding rate keeps the contract price anchored to the spot price: longs and shorts periodically pay each other a fee.
For the rate to return to normal, the price usually has to pull back, or traders on the crowded side have to close their positions. Which one happens depends on how open interest moves next.
Size your position based on your stop-loss distance—it’s much more reliable than guessing.
#BR
This view could be wrong at any time. Trade at your own risk.