$GTC Latest funding rate: -0.0737% (settled every 4 hours); shorts pay.
Guys, what exactly is a funding rate? Here's the quick explanation👇
Spot trading has no funding fees; they only apply to perpetual contract positions.
The further the rate deviates from normal, the more crowded one side's positions are. If the price moves in the opposite direction, the risk of cascading liquidations also increases.
Don't chase trades during the most volatile moment; wait for the candlestick to settle before taking a look.
#GTC
Guys, what exactly is a funding rate? Here's the quick explanation👇
Spot trading has no funding fees; they only apply to perpetual contract positions.
The further the rate deviates from normal, the more crowded one side's positions are. If the price moves in the opposite direction, the risk of cascading liquidations also increases.
Don't chase trades during the most volatile moment; wait for the candlestick to settle before taking a look.
#GTC
