What Is the Funding Rate? Why Do Long and Short Positions in Perpetual Contracts Need to Pay Fees Periodically?
In cryptocurrency trading, perpetual contracts have no fixed expiration date, so a mechanism is needed to keep contract prices as close as possible to the spot prices of the underlying assets. This mechanism is the funding rate.
First, what is the funding rate?
The funding rate is a fee periodically exchanged between long and short position holders in the perpetual contract market according to the platform’s rules. It is usually related to the contract’s price relative to spot and to

WTI crude oil fell more than 4% intraday, dropping below $100 per barrel, while Brent declined in tandem to around $108.9. Markets are trading on expectations of a diplomatic thaw between the U.S. and Iran: Iran has proposed a “two-day plan” under which the U.S. would fulfill its commitments first, potentially allowing traffic through the Strait of Hormuz to resume and geopolitical risk premiums to fall rapidly. On the supply side, OPEC+ decided to keep its December production target unchanged and will not proactively boost output to offset the shortfall. The pullback in oil prices could ease

$BTC and the anchored vwap 73.9k

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Guys, go long on $UAI now. Entry: 0.1680 - 0.1740. Stop-loss: 0.1570 (below the 24-hour low). Take-profit 1: 0.1850. Take-profit 2: 0.2000. Take-profit 3: 0.2200

A backtest shows an annualized return of 30%. Why might live performance be far worse?
Because the ideal assumptions in a backtest may not hold in real markets.
Five things deserve close attention:
1. Overfitting: Is the strategy too closely fitted to historical data?
2. Execution conditions: Can orders actually be filled as expected after a signal appears?
3. Trading costs: How much net return remains after fees, slippage, and funding rates?
4. Market conditions: Does the original trading edge still exist?
5. Risk metrics: Beyond annualized returns, how do maximum drawdown and performance in

$BTW came back to stomp on it a couple of times

$BTC Evening outlook: 11.2.
In my trading, I’ve always believed that whatever BTC does is right. Respect BTC and revere the trend—but don’t play it like this!
How am I supposed to trade when you go sideways? In trading, sharp rises and falls aren’t what you fear; it’s sideways, choppy action. And BTC is choppy right now, stuck in a range of 78662-77550.
It can’t extend the rebound unless it gets above 78662, and it can’t expand the decline unless it breaks below 77550. I’ve said before not to enter trades during consolidation unless you already have an open order, because when BTC moves sidew

Mandated by Heaven, blessed with eternal prosperity

The HONOR WIN game controller was announced on October 21 and went on sale on November 2 for CNY 399. It weighs 145 grams, has a built-in esports signal antenna, and features a hollowed-out back that’s compatible with magnetic cooling clips.
A 145-gram controller has to provide 60W fast charging for a phone while also supporting a cooling clip, forcing entertainment hardware, a power bank, and a cooler to compete for space in the same grip.
$BTC

$ETH Evening thoughts: 11.2.
ETH drifted around all day but ultimately failed to hold above 2293. It made two false upside breakouts above 2293, then fell back below it. ETH cannot extend its rebound without breaking above 2293; only by moving back above 2293 can it stop falling and have a chance to challenge resistance at 2337.
Since it can't get above 2293, let it pull back! If it can hold at 2252, it can continue consolidating between 2252 and 2293. The boring market is back. Wait! Let's wait for a direction before trading! Otherwise, there's no trade to make.
If ETH breaks above 2297 with

Bitcoin is currently moving in sync with U.S. stocks
A pullback driven by selling pressure
The broader outlook remains unchanged
Still watching how the two support levels perform first
If they hold, it remains a right-side opportunity
If they fail, waiting to buy at lower prices is more attractive

Shorting first—can't even hold 2,300. Just short it and call it a day. The daily chart has risen for three consecutive days; it's time for a drop to knock the wind out of the bulls👀#$ETH

$NAS100 I love the Nasdaq—it's free money, and I don't even have to deposit anymore

There are too many retail traders going long on this coin, and the long/short data looks ugly. The market maker will definitely shake out the market further.

$PEPE is currently at 0.00000484, down 2.62% over 24H. The 1H trend is weak, with an RSI of 35. The 4H trend is also weak, but its RSI is slightly higher. If price holds above the 0.000005 resistance level, watch for a potential rebound; if it breaks below the 0.00000477 support level, it may move lower. Watch for an increase in trading volume; it is currently only 0.49x the average. The market is volatile; for observation only.

Monday, November 2.
Gratitude, Lord, for granting us another Monday and the chance to do things differently. May this week bring health to our family, sustenance for our home, peace of mind, and blessings along our paths. We give You what worries us and trust that we will not be left helpless at any moment.
$XRP ‌
Amen. 🙏🏻