Indicator Notes | $AXL | Funding Rate -0.111% | Shorts Pay
First, the definition: Spot markets have no funding fees; they only apply to positions in perpetual contracts.
Next, how to read it: The funding rate only indicates the supply-and-demand bias in the contract market; it does not reflect the strength of spot buying.
Don’t chase a trade during the fastest part of a move. Wait for the candlestick to settle before taking a look.
First, the definition: Spot markets have no funding fees; they only apply to positions in perpetual contracts.
Next, how to read it: The funding rate only indicates the supply-and-demand bias in the contract market; it does not reflect the strength of spot buying.
Don’t chase a trade during the fastest part of a move. Wait for the candlestick to settle before taking a look.