$SOPH Latest funding rate: -1.04% (settled every 4 hours); shorts pay.
A newbie’s burning question: What is a funding rate?
When the funding rate is positive, longs pay shorts; when it’s negative, it’s the other way around—shorts pay longs.
Short sellers are paying rent; I’m just here to listen in.
All data describes market movements that have already happened. The market could move in the opposite direction at any time.
#SOPH
A newbie’s burning question: What is a funding rate?
When the funding rate is positive, longs pay shorts; when it’s negative, it’s the other way around—shorts pay longs.
Short sellers are paying rent; I’m just here to listen in.
All data describes market movements that have already happened. The market could move in the opposite direction at any time.
#SOPH
