Indicator Notes｜$IRYS ｜Funding Rate -0.0257%｜Shorts Pay
First, the definition: When the funding rate is positive, longs pay shorts; when it’s negative, the direction is reversed, and traders holding short positions pay longs.
Next, how to read it: Many people pay more attention to how long the rate has stayed at a certain level. A rate that remains at an extreme for several consecutive periods is more noteworthy than a one-off spike.
Understanding this indicator helps you avoid being misled by the numbers—it’s not a tool for predicting price movements.
First, the definition: When the funding rate is positive, longs pay shorts; when it’s negative, the direction is reversed, and traders holding short positions pay longs.
Next, how to read it: Many people pay more attention to how long the rate has stayed at a certain level. A rate that remains at an extreme for several consecutive periods is more noteworthy than a one-off spike.
Understanding this indicator helps you avoid being misled by the numbers—it’s not a tool for predicting price movements.
