$GTC latest funding rate: -1.02% (settled every 4 hours); shorts pay.
Folks, what exactly is a funding rate? Here’s the short version 👇
Spot markets don’t have funding fees; funding rates only apply to perpetual contract positions.
Some people treat extreme funding rates as a contrarian signal, but historically, prices have often continued moving in the same direction even after rates got high.
Don’t place an order when the market is moving fastest. Wait for the price to settle before deciding.
Folks, what exactly is a funding rate? Here’s the short version 👇
Spot markets don’t have funding fees; funding rates only apply to perpetual contract positions.
Some people treat extreme funding rates as a contrarian signal, but historically, prices have often continued moving in the same direction even after rates got high.
Don’t place an order when the market is moving fastest. Wait for the price to settle before deciding.