$BTW ｜Funding rate -0.349%｜Shorts pay
Before looking at positions, make sure you understand the funding rate.
Only those holding positions at the settlement time pay or receive funding; positions closed before settlement are not affected.
The rate should usually be considered alongside open interest and price: when the rate is very high and open interest is surging, the market is usually more crowded.
Don’t place an order at the very moment the market is moving fastest. Wait for the candlestick to close before taking a look.
Before looking at positions, make sure you understand the funding rate.
Only those holding positions at the settlement time pay or receive funding; positions closed before settlement are not affected.
The rate should usually be considered alongside open interest and price: when the rate is very high and open interest is surging, the market is usually more crowded.
Don’t place an order at the very moment the market is moving fastest. Wait for the candlestick to close before taking a look.