$AIN Current funding rate: +0.114% (settled every 4 hours). Longs pay, which works out to an annualized rate of about 248.9% based on a simple extrapolation of this period.
Folks, what is a funding rate? Here’s the short version 👇
Funding fees are paid between traders; they’re not fees charged by the exchange.
For traders holding positions on the paying side, the more extreme the rate, the more they pay at each settlement, significantly increasing the cost of holding a position.
All data summarizes price movements that have already happened. Prices could very well move in the opposite direction.
#AIN
DYOR and participate responsibly.
Folks, what is a funding rate? Here’s the short version 👇
Funding fees are paid between traders; they’re not fees charged by the exchange.
For traders holding positions on the paying side, the more extreme the rate, the more they pay at each settlement, significantly increasing the cost of holding a position.
All data summarizes price movements that have already happened. Prices could very well move in the opposite direction.
#AIN
DYOR and participate responsibly.