š§® Quick stats: $ORDER | Rate: -0.0728% | Shorts pay | Current price: 0.0399
Ā· Meaning: When the funding rate is positive, longs pay shorts; when itās negative, the reverse appliesāshorts pay longs.
Ā· How to read it: Some people treat extreme rates as a contrarian signal, but there have been plenty of times when prices continued moving in one direction after rates became extreme.
Understanding an indicator should help you feel less intimidated by the numbers, not predict whether prices will rise or fall.
#ORDER
Ā· Meaning: When the funding rate is positive, longs pay shorts; when itās negative, the reverse appliesāshorts pay longs.
Ā· How to read it: Some people treat extreme rates as a contrarian signal, but there have been plenty of times when prices continued moving in one direction after rates became extreme.
Understanding an indicator should help you feel less intimidated by the numbers, not predict whether prices will rise or fall.
#ORDER