$OGN funding rate: -0.0628% (shorts pay; approximately 137.5% annualized).
A high funding rate means that holding a position in the majority direction causes fees to keep accumulating. Hold it long enough, and the fees alone can add up.
Technically, the previous low and key moving average levels are more worth watching than this short-term fluctuation.
This is for informational purposes only and does not constitute investment advice.
A high funding rate means that holding a position in the majority direction causes fees to keep accumulating. Hold it long enough, and the fees alone can add up.
Technically, the previous low and key moving average levels are more worth watching than this short-term fluctuation.
This is for informational purposes only and does not constitute investment advice.