Market Notes | $GTC | Funding rate: -0.567% | Shorts pay | Current price: 0.2609
Definition: The annualized rate is simply the rate for this period extrapolated over a year. The rate changes every period, so don't treat it as a guaranteed annualized figure.
How to read it: An extreme rate doesn't mean a reversal will happen immediately. An overheated market can sometimes get even hotter for a while.
Indicators may be inaccurate, but risk management is essential: thinking in advance about what to do if you're wrong matters more than whether your prediction is accurate.
#GTC
This may not be accurate; don't take it as advice.
Definition: The annualized rate is simply the rate for this period extrapolated over a year. The rate changes every period, so don't treat it as a guaranteed annualized figure.
How to read it: An extreme rate doesn't mean a reversal will happen immediately. An overheated market can sometimes get even hotter for a while.
Indicators may be inaccurate, but risk management is essential: thinking in advance about what to do if you're wrong matters more than whether your prediction is accurate.
#GTC
This may not be accurate; don't take it as advice.