$BMT ｜Funding rate: -0.0586%｜Shorts pay
Before looking at positions, understand the funding rate.
Spot trading has no funding fees; they apply only to positions in perpetual contracts.
Deeply negative rates sometimes occur when shorts are crowded. A commonly cited risk is that shorts may be forced to cover, driving prices higher—but that's just one possibility.
Unusual readings usually signal greater volatility. At times like these, it's better to reduce your position than add to it.
#BMT
Before looking at positions, understand the funding rate.
Spot trading has no funding fees; they apply only to positions in perpetual contracts.
Deeply negative rates sometimes occur when shorts are crowded. A commonly cited risk is that shorts may be forced to cover, driving prices higher—but that's just one possibility.
Unusual readings usually signal greater volatility. At times like these, it's better to reduce your position than add to it.
#BMT
