$BIRB ｜Funding rate -0.199%｜Shorts pay
Before looking at positions, first understand funding rates.
Only positions still open at settlement are charged or paid funding. Positions closed before settlement are not affected.
Some people use extreme rates as a contrarian signal, but there have been plenty of times when prices continued moving in one direction despite elevated rates.
Extreme readings often come with more volatile swings. At times like these, it’s better to reduce your position size rather than add to it.
Before looking at positions, first understand funding rates.
Only positions still open at settlement are charged or paid funding. Positions closed before settlement are not affected.
Some people use extreme rates as a contrarian signal, but there have been plenty of times when prices continued moving in one direction despite elevated rates.
Extreme readings often come with more volatile swings. At times like these, it’s better to reduce your position size rather than add to it.