⏰ $GTC funding rate fell to -0.51% 🧊
Don't rush—understand the funding rate first 👇
When the contract price is above the spot index, the funding rate is usually positive, and longs pay. When it's below the spot price, the rate is usually negative, and shorts pay.
Extreme readings often signal greater volatility. At times like these, it's better to reduce leverage than to place a big bet.
#GTC
Stay calm and manage your position size.
Don't rush—understand the funding rate first 👇
When the contract price is above the spot index, the funding rate is usually positive, and longs pay. When it's below the spot price, the rate is usually negative, and shorts pay.
Extreme readings often signal greater volatility. At times like these, it's better to reduce leverage than to place a big bet.
#GTC
Stay calm and manage your position size.