🧮 Data: $XAN ｜Funding rate -0.101%｜Shorts pay｜Current price 0.01161
· What it is: The rate consists of two parts: the premium of the contract relative to spot, plus a fixed interest component. When the premium is small, most contracts stay around 0.01% per 8-hour period.
· How to read it: For those holding positions on the paying side, the higher the rate, the more they pay at each settlement, and the cost of holding the position rises noticeably.
Multiple indicators confirming each other is more reliable than looking at just one, but even more signals still can’t provide a definite answer.
#XAN
· What it is: The rate consists of two parts: the premium of the contract relative to spot, plus a fixed interest component. When the premium is small, most contracts stay around 0.01% per 8-hour period.
· How to read it: For those holding positions on the paying side, the higher the rate, the more they pay at each settlement, and the cost of holding the position rises noticeably.
Multiple indicators confirming each other is more reliable than looking at just one, but even more signals still can’t provide a definite answer.
#XAN
