$IRYS ｜Funding rate -0.148%｜Shorts pay｜Current price 0.0287
Before looking at positions, first understand the funding rate.
Funding payments are deducted from or added to your account balance. The longer you hold a position, the more fees accumulate.
A sharply positive rate is generally seen as a sign that bullish sentiment is overheated and more traders are using leverage to go long; a clearly negative rate signals the opposite.
Learning to read indicators is easy. The hard part is sticking to your plan when the market is at its most intense.
The data comes from public sources. Please verify it yourself.
Before looking at positions, first understand the funding rate.
Funding payments are deducted from or added to your account balance. The longer you hold a position, the more fees accumulate.
A sharply positive rate is generally seen as a sign that bullish sentiment is overheated and more traders are using leverage to go long; a clearly negative rate signals the opposite.
Learning to read indicators is easy. The hard part is sticking to your plan when the market is at its most intense.
The data comes from public sources. Please verify it yourself.