๐ $BR Current funding rate: -0.0673% (settled every 4 hours); shorts pay.
Funding rates often quickly reflect which side positions are crowded on.
Only positions held at the settlement time pay or receive funding. Positions closed before settlement neither pay nor receive it.
Funding rates for less liquid coins tend to fluctuate more sharply. An extreme reading in one period doesn't necessarily indicate a trend; extreme funding rates on major coins are much rarer.
Comparing multiple data points is more reliable than looking at just one, but even multiple signals can't provide a definitive conclusion.
Funding rates often quickly reflect which side positions are crowded on.
Only positions held at the settlement time pay or receive funding. Positions closed before settlement neither pay nor receive it.
Funding rates for less liquid coins tend to fluctuate more sharply. An extreme reading in one period doesn't necessarily indicate a trend; extreme funding rates on major coins are much rarer.
Comparing multiple data points is more reliable than looking at just one, but even multiple signals can't provide a definitive conclusion.