Technical note｜$AGT ｜Funding rate +0.0507%｜Longs pay｜Current price 0.09009
Definition: Annualization simply multiplies the current rate by 365 days, as if it stayed the same all year. The rate changes each period, so don’t treat this as the actual cost for a year.
How to read it: A one-sided funding rate doesn’t mean an immediate reversal. Sentiment can sometimes keep heating up for several more days.
Understanding this indicator can help you avoid being spooked by a single number; it isn’t a way to accurately predict price movements.
#AGT
Definition: Annualization simply multiplies the current rate by 365 days, as if it stayed the same all year. The rate changes each period, so don’t treat this as the actual cost for a year.
How to read it: A one-sided funding rate doesn’t mean an immediate reversal. Sentiment can sometimes keep heating up for several more days.
Understanding this indicator can help you avoid being spooked by a single number; it isn’t a way to accurately predict price movements.
#AGT