$ERA Current funding rate: -0.0634% (settled every hour); shorts pay.
Since we’re looking at this figure, let’s talk about funding rates.
Funding payments are calculated as the position’s notional value × the funding rate: for a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U per period.
Funding rates for less liquid coins often fluctuate more. An extreme rate in a single period doesn’t necessarily indicate a trend; extreme rates in major coins are much rarer.
Understanding an indicator helps you avoid being swayed by a single number—not predict whether prices will rise or fall.
Since we’re looking at this figure, let’s talk about funding rates.
Funding payments are calculated as the position’s notional value × the funding rate: for a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U per period.
Funding rates for less liquid coins often fluctuate more. An extreme rate in a single period doesn’t necessarily indicate a trend; extreme rates in major coins are much rarer.
Understanding an indicator helps you avoid being swayed by a single number—not predict whether prices will rise or fall.