$BIRB latest funding rate: -0.524% (settled every 4 hours). Shorts pay; simply annualized based on this period, that's about 1147.1%.
The funding rate is usually the first thing to reflect which side positions are piling up on.
When the contract price is higher than the spot price, the rate is usually positive and longs pay; when it's below the spot price, it's often negative and shorts pay.
Calculating your order size based on where you place your stop-loss is much more reliable than just guessing your position size.
Just sharing some thoughts—don't take this as advice.
The funding rate is usually the first thing to reflect which side positions are piling up on.
When the contract price is higher than the spot price, the rate is usually positive and longs pay; when it's below the spot price, it's often negative and shorts pay.
Calculating your order size based on where you place your stop-loss is much more reliable than just guessing your position size.
Just sharing some thoughts—don't take this as advice.