$BLUR Latest funding rate: -1.07% (settled every 4 hours). Shorts pay. Simply annualized based on this period, that’s about 2,353.8%.
Hey everyone, what is a funding rate? Here’s the short version:
Perpetual contracts have no expiry date. Funding rates help keep the contract price anchored to the spot price: longs and shorts pay each other a fee at regular intervals.
Funding rates are best viewed alongside open interest and price: when the rate is high and open interest is surging, the market is often more crowded.
Calculate your order size based on where you’ll place your stop-loss—it’s much more reliable than guessing your position size.
#BLUR
Your money, your call.
Hey everyone, what is a funding rate? Here’s the short version:
Perpetual contracts have no expiry date. Funding rates help keep the contract price anchored to the spot price: longs and shorts pay each other a fee at regular intervals.
Funding rates are best viewed alongside open interest and price: when the rate is high and open interest is surging, the market is often more crowded.
Calculate your order size based on where you’ll place your stop-loss—it’s much more reliable than guessing your position size.
#BLUR
Your money, your call.
