I'm interested in understanding how to check the funding rate for cryptocurrencies. I want to know the steps or methods involved in obtaining this information.
6 answers
HallyuHeroine
Fri Nov 22 2024
A crucial aspect in this determination is the disparity between perpetual contract prices and spot prices of cryptocurrencies.
KatieAnderson
Fri Nov 22 2024
This price difference plays a pivotal role in deciding the funding rate.
CryptoTitan
Fri Nov 22 2024
Essentially, perpetual contracts are financial instruments that mimic spot prices but offer leverage and avoid the need for settlement dates.
CryptoTitanGuard
Fri Nov 22 2024
Calculating funding rates involves various considerations.
CryptoWizard
Fri Nov 22 2024
Funding rates serve as an adjustment mechanism to align perpetual contract prices with the underlying spot market.