Most traders watch prices. Experienced traders also watch funding.

Funding Rate tells you who is paying whom in perpetual futures.

When funding stays strongly positive, long traders are paying shorts — often showing crowded bullish positioning.

When it turns negative, shorts are paying longs, which can signal bearish positioning.

But funding alone doesn't predict the next move. Combine it with Open Interest, volume and price action.

Do you check Funding Rate before entering a futures trade?