$GTC Current funding rate: -0.424% (settled every 4 hours); shorts pay.
Let’s use this figure to talk about funding rates.
Funding rates consist of two parts: the premium of the contract over spot, plus a fixed interest component. When the premium is small, most contracts are around 0.01% per 8-hour period.
Funding rates for small-cap coins often fluctuate more. A very high rate for a single period doesn’t necessarily mean much; extreme rates for major coins are much rarer.
Before trading with leverage, first consider whether you can handle the worst-case scenario, then think about what the signals are saying.
Let’s use this figure to talk about funding rates.
Funding rates consist of two parts: the premium of the contract over spot, plus a fixed interest component. When the premium is small, most contracts are around 0.01% per 8-hour period.
Funding rates for small-cap coins often fluctuate more. A very high rate for a single period doesn’t necessarily mean much; extreme rates for major coins are much rarer.
Before trading with leverage, first consider whether you can handle the worst-case scenario, then think about what the signals are saying.