#BinanceVietnamSquare
The funding rate will be negative next week. Now, this could be the catalyst that will push prices up this week.#Whatis the funding rate?#Fundingrates refer to the fees paid between#traderson perpetual#futurescontracts. A perpetual futures contract is a type of#derivativecontract that allows traders to bet on the future price of an#assetwithout actually owning it.
The funding rate is used to maintain the price of the futures contrac#perpetualwith the price of the underlying asset. These fees are typically paid between the#buyerand#sellerof the contract and are used to ensure that the price of the#contractstays close to the actual price of the underlying asset.
Funding rates are calculated at fixed intervals (usually every 8 hours) and are paid by traders on the opposite side of the contract. For example, if the Funding Rate is #positive, long positions (buyers) will pay short positions (sellers). Conversely, if the Funding Rate is #negative, short positions (sellers) will pay long positions (buyers).
The funding rate is determined by the difference between the current price of the perpetual futures contract and the price of the underlying pair, as well as by#currentmarket demand for the contract. When there is high demand for long positions, the Funding Rate can be positive and when there is high demand for short positions, the Funding Rate can be negative.
Funding rates are important for traders to consider as they can have an impact on their trading #profitability.