$SAND Current funding rate: -0.695% (settled every 8 hours); shorts pay.
Let's break down the funding rate based on this data.
When the funding rate is positive, longs pay shorts; when it's negative, the opposite is true: shorts pay longs.
Funding rates for less liquid coins tend to fluctuate more. A single unusually high reading doesn't necessarily indicate a trend, while extreme rates are less common for major coins.
Comparing several indicators is more reliable than looking at just one, but even more signals can't provide a definitive answer.
#SAND
This content is for reference only. Make your own trading decisions.
Let's break down the funding rate based on this data.
When the funding rate is positive, longs pay shorts; when it's negative, the opposite is true: shorts pay longs.
Funding rates for less liquid coins tend to fluctuate more. A single unusually high reading doesn't necessarily indicate a trend, while extreme rates are less common for major coins.
Comparing several indicators is more reliable than looking at just one, but even more signals can't provide a definitive answer.
#SAND
This content is for reference only. Make your own trading decisions.