$CT Funding rate: -0.254% (shorts pay; approximately 556% annualized).
The funding rate is a thermometer for the balance between longs and shorts in the futures market. Extremes in either direction are signals to watch.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often lacks volume. This is the method I use most often to tell them apart.
The funding rate is a thermometer for the balance between longs and shorts in the futures market. Extremes in either direction are signals to watch.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often lacks volume. This is the method I use most often to tell them apart.