$DODOX |Funding rate +0.0599%|Longs pay|Current price 0.02964
Before looking at fund flows, first understand the funding rate.
Perpetual contracts have no settlement date. The funding rate keeps the contract price anchored to the spot price: longs and shorts periodically pay each other a fee.
The funding rate only indicates an imbalance between supply and demand in the contract market; it does not reflect spot demand.
Don’t place an order during the sharpest part of a move. Wait for the candlestick to settle before deciding.
#DODOX
Before looking at fund flows, first understand the funding rate.
Perpetual contracts have no settlement date. The funding rate keeps the contract price anchored to the spot price: longs and shorts periodically pay each other a fee.
The funding rate only indicates an imbalance between supply and demand in the contract market; it does not reflect spot demand.
Don’t place an order during the sharpest part of a move. Wait for the candlestick to settle before deciding.
#DODOX