$BMT Latest funding rate: -0.126% (settled every 1 hour); shorts pay.
Let's use this figure to talk about funding rates.
When the contract price is higher than the spot price, the rate is usually positive, and longs pay. When it's lower than the spot price, the rate is usually negative, and shorts pay.
When comparing rates, it's best to convert them to the same settlement interval: even at the same rate, a contract settled every 1 hour will settle more times per day.
Sizing your position based on your stop-loss distance is much more reliable than relying on gut feeling.
#BMT
This is purely my personal opinion; please use your own judgment.
Let's use this figure to talk about funding rates.
When the contract price is higher than the spot price, the rate is usually positive, and longs pay. When it's lower than the spot price, the rate is usually negative, and shorts pay.
When comparing rates, it's best to convert them to the same settlement interval: even at the same rate, a contract settled every 1 hour will settle more times per day.
Sizing your position based on your stop-loss distance is much more reliable than relying on gut feeling.
#BMT
This is purely my personal opinion; please use your own judgment.
