Funding rate turns negative as Bitcoin drops below $64k

Andjela Radmilac

Perpetual futures are a type of derivatives contract unique to the crypto market. Unlike traditional futures, which have a set expiration date, perpetual futures never expire, allowing traders to hold their positions indefinitely. To make this type of contract financially viable, the market employs a mechanism called the funding rate. Funding rates are periodic payments […]

The post Funding rate turns negative as Bitcoin drops below $64k appeared first on CryptoSlate.

Go here to Read this Fast! Funding rate turns negative as Bitcoin drops below $64k

Originally appeared here:
Funding rate turns negative as Bitcoin drops below $64k