Today's takeaway: Funding rates
Each funding payment equals the position's notional value × the funding rate. Notional value is calculated using the mark price and is unrelated to the leverage used.
The funding rate only indicates how crowded the long and short sides of the perpetual contract market are. Don't use the rate alone to decide which direction to take.
Don't invest borrowed money; the stress can push you into making bad decisions.
For comparison with the market: $BTC reports 73720.3, 24h -0.19%.
Each funding payment equals the position's notional value × the funding rate. Notional value is calculated using the mark price and is unrelated to the leverage used.
The funding rate only indicates how crowded the long and short sides of the perpetual contract market are. Don't use the rate alone to decide which direction to take.
Don't invest borrowed money; the stress can push you into making bad decisions.
For comparison with the market: $BTC reports 73720.3, 24h -0.19%.
