$GTC ｜Funding rate -0.18%｜Shorts pay｜Current price 0.2817
Before looking at positions, first understand the funding rate.
Annualized rate is simply the current rate multiplied over a year. The rate changes every funding interval, so don’t treat it as the actual cost for a year.
A clearly positive rate is generally seen as a sign of overheated bullish sentiment, with many traders using leverage to go long; a deeply negative rate indicates the opposite.
Understanding how to read indicators isn’t hard. The hard part is still following the rules when the market is at its most volatile.
#GTC
Before looking at positions, first understand the funding rate.
Annualized rate is simply the current rate multiplied over a year. The rate changes every funding interval, so don’t treat it as the actual cost for a year.
A clearly positive rate is generally seen as a sign of overheated bullish sentiment, with many traders using leverage to go long; a deeply negative rate indicates the opposite.
Understanding how to read indicators isn’t hard. The hard part is still following the rules when the market is at its most volatile.
#GTC