Let’s talk about funding rates.
Funding intervals vary between contracts. Some settle every 8 hours, others every 4 hours; check the contract details for the exact interval.
One thing worth thinking about: perpetual contracts have no expiry date and no delivery process, so funding fees are what pull the contract price toward the spot price.
The rate only indicates the balance of long and short forces in the contract market. Don’t use it alone to decide which way the market will move.
By the way: $BTC current price 80422.8 (24h +4.52%).

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