$ALT Latest funding rate: -0.281% (settled every 4 hours); shorts pay. Simply annualized based on this period, that’s approximately 614.3%.
Let’s talk about what’s behind this figure.
The funding fee is calculated by multiplying the notional value of a position by the funding rate: for a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U for that period.
Any indicator summarizes market movements that have already happened; the market could just as easily move in the opposite direction.
#ALT
Let’s talk about what’s behind this figure.
The funding fee is calculated by multiplying the notional value of a position by the funding rate: for a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U for that period.
Any indicator summarizes market movements that have already happened; the market could just as easily move in the opposite direction.
#ALT