🔢 Today’s tip: Funding rates
Binance’s funding rate consists of the premium index and the interest rate. The further the contract price deviates from the price index, the further the rate usually moves from its baseline.
If you’re unfamiliar with something, start with a small position. Practicing with a small amount is safer.
Here’s a current price: $BTC is quoted at 79852.56 (24h -0.46%).