$BIRB ｜Funding rate -0.521%｜Shorts pay｜Current price 0.05739
Before looking at positions, understand the funding rate first.
This money is paid directly between long and short traders; it is not a fee charged by the exchange.
The rate reflects only the supply-and-demand bias in the futures market; it does not indicate the strength of spot demand.
Indicators can be inaccurate, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#BIRB
Before looking at positions, understand the funding rate first.
This money is paid directly between long and short traders; it is not a fee charged by the exchange.
The rate reflects only the supply-and-demand bias in the futures market; it does not indicate the strength of spot demand.
Indicators can be inaccurate, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#BIRB