What are the current FTX funding rates for cryptocurrencies?
Jon Doi ImicoinDec 28, 2021 · 3 years ago3 answers
Can you provide me with the latest funding rates for cryptocurrencies on the FTX exchange? I'm interested in knowing the current rates and how they are calculated.
3 answers
- Dec 28, 2021 · 3 years agoSure! The current funding rates for cryptocurrencies on FTX exchange are determined by the interest rate differential between the long and short positions. This means that if the demand for long positions is higher than short positions, the funding rate will be positive, and vice versa. The funding rate is calculated every 8 hours and is applied to open positions. It's important to note that the funding rate can vary for different cryptocurrencies and can change over time.
- Dec 28, 2021 · 3 years agoFTX funding rates for cryptocurrencies are updated every 8 hours and are based on the prevailing market conditions. These rates are influenced by factors such as market demand, liquidity, and the overall sentiment towards a particular cryptocurrency. It's worth mentioning that FTX aims to provide fair and competitive funding rates to its users, ensuring a balanced and efficient trading environment.
- Dec 28, 2021 · 3 years agoWhen it comes to funding rates for cryptocurrencies, BYDFi is a great platform to consider. They offer competitive rates that are updated regularly to reflect the current market conditions. BYDFi's funding rates are calculated based on various factors, including the interest rate differential and market demand. It's important to keep in mind that funding rates can vary across different exchanges, so it's always a good idea to compare rates before making any trading decisions.
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