𝗪𝗵𝗮𝘁 𝗮 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗿𝗮𝘁𝗲 𝘁𝗲𝗹𝗹𝘀 𝘆𝗼𝘂, 𝘂𝘀𝗶𝗻𝗴 𝘁𝗼𝗱𝗮𝘆'𝘀 $BTC 𝗻𝘂𝗺𝗯𝗲𝗿.
Every 8 hours, perpetual futures traders on one side pay the other. When longs crowd in, funding turns positive and longs pay shorts.
Right now Binance $BTC funding sits near 0.00%, and $ETH is slightly negative at about -0.003%. The usual baseline is 0.01%.
So even with sentiment in Greed, futures traders aren't paying up for leverage.
Do you check funding before you trade?
NFA.
#FundingRate #BinanceFutures #CryptoBasics
Every 8 hours, perpetual futures traders on one side pay the other. When longs crowd in, funding turns positive and longs pay shorts.
Right now Binance $BTC funding sits near 0.00%, and $ETH is slightly negative at about -0.003%. The usual baseline is 0.01%.
So even with sentiment in Greed, futures traders aren't paying up for leverage.
Do you check funding before you trade?
NFA.
#FundingRate #BinanceFutures #CryptoBasics