$HOT Current funding rate: -0.0652% (settled every 1 hour); shorts pay.
Folks, what exactly is the funding rate? Here's the short version 👇
Funding is calculated by multiplying the position's notional value by the rate: for a position with a notional value of 10,000 U, a rate of 0.01% means 1 U is paid or received per interval.
The rate reflects only the supply-and-demand bias in the futures market; it doesn't indicate spot market demand.
When trading with leverage, first work out whether you can withstand the worst-case scenario, then look at what the indicators are saying.
#HOT
Folks, what exactly is the funding rate? Here's the short version 👇
Funding is calculated by multiplying the position's notional value by the rate: for a position with a notional value of 10,000 U, a rate of 0.01% means 1 U is paid or received per interval.
The rate reflects only the supply-and-demand bias in the futures market; it doesn't indicate spot market demand.
When trading with leverage, first work out whether you can withstand the worst-case scenario, then look at what the indicators are saying.
#HOT