$PTB Latest funding rate: +0.135% (settled every 1 hour); longs pay.
Let's use this rate to talk about funding rates.
Funding settlement intervals vary by contract: some settle every 8 hours, others every 4 hours. In extreme market conditions, the interval for some contracts may be adjusted to 1 hour. Check the contract page for details.
A clearly positive rate is often interpreted as bullish sentiment running hot, with more traders using leverage to go long; a clearly negative rate suggests the opposite.
Don't chase trades during the most volatile few minutes. Wait for the candlestick to settle before taking another look.
Let's use this rate to talk about funding rates.
Funding settlement intervals vary by contract: some settle every 8 hours, others every 4 hours. In extreme market conditions, the interval for some contracts may be adjusted to 1 hour. Check the contract page for details.
A clearly positive rate is often interpreted as bullish sentiment running hot, with more traders using leverage to go long; a clearly negative rate suggests the opposite.
Don't chase trades during the most volatile few minutes. Wait for the candlestick to settle before taking another look.