🔔 $IOTX funding rate dropped to -0.642%🧊
Don’t rush—understand the funding rate before taking action👇
The funding rate mainly consists of two parts: the contract’s premium relative to spot, plus a fixed interest-rate component. When the premium is small, most contracts stay around 0.01% on an 8-hour basis.
A sharply negative funding rate sometimes occurs when shorts are crowded. A short squeeze is a commonly cited risk, but it’s only one possibility.
Leave enough room in leveraged positions—don’t let one sudden price swing force you out of a trade.

#IOTX

Data is for reference only. Make your own trading decisions.