$DOOD Latest funding rate: -0.628% (settled every 4 hours). Shorts pay. Simply annualized based on this period, that’s about 1375.8%.
Let’s break that number down.
Spot trading doesn’t involve funding fees; funding rates apply only to positions in perpetual contracts.
A clearly positive rate is generally seen as a sign that bullish sentiment is running hot and more people are using leverage to go long; a deeply negative rate signals the opposite.
Keep plenty of margin for leveraged positions—don’t let a single wick knock you out of your trade.
#DOOD
Personal notes, not investment advice.
Let’s break that number down.
Spot trading doesn’t involve funding fees; funding rates apply only to positions in perpetual contracts.
A clearly positive rate is generally seen as a sign that bullish sentiment is running hot and more people are using leverage to go long; a deeply negative rate signals the opposite.
Keep plenty of margin for leveraged positions—don’t let a single wick knock you out of your trade.
#DOOD
Personal notes, not investment advice.
