$LSK Current funding rate: -0.254% (settled every 4 hours); shorts pay.
Let’s use this figure to break down the funding rate.
When the funding rate is positive, longs pay shorts; when it’s negative, the direction is reversed, and traders holding short positions pay those holding long positions.
For traders holding positions on the paying side, the more extreme the rate, the more they pay at each settlement, and the cost of holding the position rises significantly.
Keep extra margin for your contract positions—don’t let a single wick liquidate them.

#LSK

For reference only, not investment advice.