Crypto News; . . General. The funding rate changes depending on the spread. The funding rate is calculated by considering the interest rates for both trading pair currencies and the Premium Index. When the premium is positive so is the funding rate, meaning the long contract holder pays the short contract holder, and the payment goes the other way when the funding rate is negative, which . Why is Funding Rate important? The drop resulted after a drop in the . The analysts turn bullish as the finding rate for Bitcoin on Binance turned negative since the cryptocurrency underwent a strong drop since the highs seen yesterday. 6. Kraken +0.0018% +0.0003% . Negative funding rates suggests speculators are bearish and short traders pay funding to long traders. That means when you close your short, you will pay funding to the longs. If things turn too bearish then the funding rate may go negative and the position will start . TRADE on Binance 20% Fee Discount! Negative Rates. Positive funding rates suggests speculators are bullish and long traders pay funding to short traders. funding_rate = max(0.05%, premium_rate) + min(-0.05%, premium_rate) Much like we just saw in the case of FTX, there is no interest rate component to this funding rate calculation, but only a . Binance was set to raise half of the $400 million required as the media house went public. Aggregated Bitcoin funding rate and predicted funding rate chart, statistics and markets. When the futures market is bullish and the funding rate is positive, traders in long positions pay the funding fee to short positions. Other major exchanges are currently reporting significantly fewer open interest than they did a few months ago. In contrast, a negative funding rate means that short positions pay longs. Let's say I want to long x coin with $100, and its predicted funding rate is -1% (negative) in 1 hour, does it mean, that if price doesn't change in 10 hours, I will have $110? Bitcoin Funding Rates Still Negative Bitcoin has begun to consolidate above $13,000. Binance offers . การร่วงลงของราคา Bitcoin นั้นได้ทำให้นักลงทุนเป็นจำนวนหลายรายต้องกลัว โดยอ้างอิงข้อมูลจาก Bybit . It either yields a positive or negative funding rate and that decides who pays who. . BitMEX +0.0010% +0.0066%. A negative funding rate means that perpetual contracts' prices are lower than the mark price. Similar to Bybit, Binance Futures also displays the funding rate at the top. If the funding rate is negative — users are typically taking short positions and traders are on the whole bearish. Interestingly, the negative funding rates are deepening, despite the fact that the price has bounced off the bottom at $32,900 and is rising .