$XEC Current funding rate: -0.28% (settled every 4 hours). Shorts pay; simply annualized based on this period, that’s about 613.1%.
Let’s unpack what this number means.
Spot trading doesn’t involve funding fees; funding rates only apply to perpetual contract positions.
Funding rates for small-cap coins tend to fluctuate more. An extreme rate in one period doesn’t necessarily indicate a trend, while an extreme rate for a major coin is much rarer.
Keep plenty of margin for your contract positions—don’t let a sudden wick liquidate your position.
#XEC
Let’s unpack what this number means.
Spot trading doesn’t involve funding fees; funding rates only apply to perpetual contract positions.
Funding rates for small-cap coins tend to fluctuate more. An extreme rate in one period doesn’t necessarily indicate a trend, while an extreme rate for a major coin is much rarer.
Keep plenty of margin for your contract positions—don’t let a sudden wick liquidate your position.
#XEC