💡 $BIRB Funding rate drops to -0.524%🧊
Take a moment to understand funding rates before acting 👇
When the contract price is above the spot index, the funding rate is usually positive, and longs pay; when it’s below the spot price, it’s often negative, and shorts pay.
Extreme readings are often accompanied by greater volatility. That’s when you should reduce your position, not bet big.
Take a moment to understand funding rates before acting 👇
When the contract price is above the spot index, the funding rate is usually positive, and longs pay; when it’s below the spot price, it’s often negative, and shorts pay.
Extreme readings are often accompanied by greater volatility. That’s when you should reduce your position, not bet big.