$ERA ｜Funding rate -0.0649%｜Shorts pay｜Current price 0.0734
Before looking at your positions, understand the funding rate.
When the funding rate is positive, longs pay shorts; when it’s negative, the reverse is true: shorts pay those holding long positions.
Funding rates for less liquid coins tend to fluctuate more. An extreme reading in a single period doesn’t necessarily mean much, while extreme rates for major coins are rarer.
Rare readings are usually accompanied by more volatile price swings. At times like these, it’s wiser to reduce your position than to place a large bet.
Before looking at your positions, understand the funding rate.
When the funding rate is positive, longs pay shorts; when it’s negative, the reverse is true: shorts pay those holding long positions.
Funding rates for less liquid coins tend to fluctuate more. An extreme reading in a single period doesn’t necessarily mean much, while extreme rates for major coins are rarer.
Rare readings are usually accompanied by more volatile price swings. At times like these, it’s wiser to reduce your position than to place a large bet.