$ALT ｜Funding rate: -0.818%｜Shorts pay
What exactly is a funding rate? Funding is settled at different intervals for different contracts: some settle every 8 hours, others every 4 hours, and under extreme market conditions, some contracts may even switch to hourly settlements. Check the contract page for details.
Funding rates for coins with low liquidity tend to fluctuate more sharply. One extreme reading doesn't necessarily indicate a trend; extreme rates for major coins are much rarer.
Reading indicators isn't hard. The hard part is sticking to your plan when sentiment is at its most extreme.
What exactly is a funding rate? Funding is settled at different intervals for different contracts: some settle every 8 hours, others every 4 hours, and under extreme market conditions, some contracts may even switch to hourly settlements. Check the contract page for details.
Funding rates for coins with low liquidity tend to fluctuate more sharply. One extreme reading doesn't necessarily indicate a trend; extreme rates for major coins are much rarer.
Reading indicators isn't hard. The hard part is sticking to your plan when sentiment is at its most extreme.