$BIRB latest funding rate: -0.199% (settled every 4 hours); shorts pay.
Let's talk about funding rates based on this data.
You can think of the funding rate as a toll for holding a position: whichever side pushes the contract price further away from the spot price is often the side that pays.
When comparing funding rates, make sure they use the same settlement interval: for the same rate, a contract settled every hour will settle more times per day.
Any data only summarizes past market movements; the market could easily move in the opposite direction.
You take the risk—I’m just chatting.
Let's talk about funding rates based on this data.
You can think of the funding rate as a toll for holding a position: whichever side pushes the contract price further away from the spot price is often the side that pays.
When comparing funding rates, make sure they use the same settlement interval: for the same rate, a contract settled every hour will settle more times per day.
Any data only summarizes past market movements; the market could easily move in the opposite direction.
You take the risk—I’m just chatting.