🐋 $BMT Current funding rate: -0.133% (settled every 1 hour); shorts pay.
The funding rate is often the first thing to reflect which side capital is piling into.
Perpetual contracts have no expiry date. Funding rates keep their prices anchored to spot prices: longs and shorts periodically pay each other a fee.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#BMT
The funding rate is often the first thing to reflect which side capital is piling into.
Perpetual contracts have no expiry date. Funding rates keep their prices anchored to spot prices: longs and shorts periodically pay each other a fee.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#BMT
