What are the current btc funding rates?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! The funding rates for BTC are the fees paid by traders who hold positions in perpetual futures contracts. These rates are used to ensure that the market price of the contract stays close to the spot price of BTC. The funding rates are calculated based on the difference between the contract price and the spot price, as well as the interest rate. The rates are typically updated every 8 hours and can vary depending on market conditions.
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• Nov 23, 2021 · 3 years ago
  The current BTC funding rates are an important factor to consider when trading perpetual futures contracts. These rates can provide insights into market sentiment and can affect the cost of holding positions. It's essential to stay updated on the latest rates to make informed trading decisions.
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• Nov 23, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides real-time information on the current BTC funding rates. Traders can easily access this information on the BYDFi platform to stay informed about the latest rates and make informed trading decisions. It's crucial to monitor these rates regularly to stay ahead in the cryptocurrency market.
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