about 5 months ago i had a script that tracked the funding rate and prices for 40+ coins for a few weeks and there was nothing to be done with it on its own. once every so often youd be on the right side of a nice move but almost always you were being chopped all over the place, even when accounting for only peaks in funding, you absolutely have to pair this with something else. "retail", the "crowd" or whatever you want to call the majority on any given moment is not always wrong. edit: should add that you wouldnt just find yourself on the side of nice moves but also on the wrong side of them too. + i was tracking both the actual funding and predicted funding
I haven't had ANY luck using funding rates / predicted funding as an indicator of anything other than where money can be made on funding. Not sure how helpful this really is in a heavily correlated & clearly trending market, but perhaps a good tool to put in the box, revisit in a year or smth when lots of things popping off at different times again
As someone that uses funding rate for years, you will most likely lose all your money. The only thing funding rate extremes should tell you is how much size to use and amount risk to take - that's it. So if funding rate super negative, you probably shouldn't be aping into a short and vice versa. But setting up a trade just based on this will not yield any results over time. Yes you might get lucky a few times, until you lose it all. Also funding rate consistently pos / neg does not necessarily indicate anything. For example, in 2020 we saw consistently positive funding for over a year... good luck shorting that. DYOR.
It’s Also giving insensitive to long spot and even do it with options for example and arbitrage meaning shorting futures for intrest and selling them at higher price then spot while you buy spot until they even themselves. This mechanics is used so the price of futures and spot will not divert so much
I use the predicated funding rate but I only take it's value and change into account in periods where Open Interest is increasing. The idea behind that being that it shows you what new market participants are doing and which side is taking on more risk. Price trends to fuck them over in the very brief future, but I've only used it on the 5 min
price rise course negative funding or negative funding course price rise? what's the logic behind ? olny shows some come and go surface , lots work need to do ...
great video . in the end you mentioned correlation to btc. is there a better/easier way to find out the strongest and weakest correlation acrosss the board
Would you still recommend TRDR or since coinalyze and coinglass exist should I just use one of those if not both and maybe subscribe to one of them? I also already have tradingview. Debating on subing to TRDR, I really like the way they show the orderbook changes, I still need to learn the orderbook overlay better. I really was already use to coinalyze and coinglass just felt the data can sometimes timeout. But I see TRDR does also especially on the trial.
Trusting an expert was never an option for me until Tricia was recommended to me by my brother. after giving it a try in trading, she impressed me with great profit. I love investing with her
To benefit in trading is really easy when you apply good trading strategy and buy stock at the right time, Tricia is the best trader that I know and I have made a lot of money because of her assistance
One of great decisions i have made that brought to me great profit in my investment was trading with an expert Tricia , am now making cool money really happy, all I do is invest to her and receive my profit.
about 5 months ago i had a script that tracked the funding rate and prices for 40+ coins for a few weeks and there was nothing to be done with it on its own. once every so often youd be on the right side of a nice move but almost always you were being chopped all over the place, even when accounting for only peaks in funding, you absolutely have to pair this with something else. "retail", the "crowd" or whatever you want to call the majority on any given moment is not always wrong.
edit: should add that you wouldnt just find yourself on the side of nice moves but also on the wrong side of them too. + i was tracking both the actual funding and predicted funding
I haven't had ANY luck using funding rates / predicted funding as an indicator of anything other than where money can be made on funding.
Not sure how helpful this really is in a heavily correlated & clearly trending market, but perhaps a good tool to put in the box, revisit in a year or smth when lots of things popping off at different times again
Crazy timing when you published this. The $16k bottom had a huuuge spike down into negative funding. I hope you went long back there!
EDGE … HIGHER ALPHA PLAYS … YOU F’ING ROCK, BRO. KEEP SPEAKING OUR LANGUAGE AND WE WILL KEEP LISTENING. THANKS FOR YOUR WORK - - 🧸
As someone that uses funding rate for years, you will most likely lose all your money. The only thing funding rate extremes should tell you is how much size to use and amount risk to take - that's it. So if funding rate super negative, you probably shouldn't be aping into a short and vice versa. But setting up a trade just based on this will not yield any results over time. Yes you might get lucky a few times, until you lose it all.
Also funding rate consistently pos / neg does not necessarily indicate anything. For example, in 2020 we saw consistently positive funding for over a year... good luck shorting that.
DYOR.
Hello Text Message the Numeric Helpline above
What resources do you recommend to learn more about funding rate the way you understand them?
That’s because markets longing futures and futures lead spot
It’s Also giving insensitive to long spot and even do it with options for example and arbitrage meaning shorting futures for intrest and selling them at higher price then spot while you buy spot until they even themselves. This mechanics is used so the price of futures and spot will not divert so much
Didn’t even watch the vid yet but heyyooo. Love your work Ben. Truly. Sooo underrated
I use the predicated funding rate but I only take it's value and change into account in periods where Open Interest is increasing. The idea behind that being that it shows you what new market participants are doing and which side is taking on more risk. Price trends to fuck them over in the very brief future, but I've only used it on the 5 min
glad to see the goat posted 🐐
🔝🔝🔝
price rise course negative funding or negative funding course price rise? what's the logic behind ? olny shows some come and go surface , lots work need to do ...
Thanks Ben. We all need a New Perspective.
great video . in the end you mentioned correlation to btc. is there a better/easier way to find out the strongest and weakest correlation acrosss the board
Nice indicator, may i suggest you another one to look into, its whale vs retail delta on hyblockcapital, looks like it mark tops and bottoms
Hi Bennett - Do you have any preference on which pairs you use a strategy like this on? Low or High market caps, Low or high volumes etc. Cheers :)
🔝🔝🔝
Would you still recommend TRDR or since coinalyze and coinglass exist should I just use one of those if not both and maybe subscribe to one of them? I also already have tradingview. Debating on subing to TRDR, I really like the way they show the orderbook changes, I still need to learn the orderbook overlay better. I really was already use to coinalyze and coinglass just felt the data can sometimes timeout. But I see TRDR does also especially on the trial.
Do you use the actual funding rate or just the predicted?
Personally I use predicted, since u try to predict the price aswell right?
Trusting an expert was never an option for me until Tricia was recommended to me by my brother. after giving it a try in trading, she impressed me with great profit. I love investing with her
To benefit in trading is really easy when you apply good trading strategy and buy stock at the right time, Tricia is the best trader that I know and I have made a lot of money because of her assistance
One of great decisions i have made that brought to me great profit in my investment was trading with an expert Tricia , am now making cool money really happy, all I do is invest to her and receive my profit.
Please send her G M A I L contact I want to invest with her
@@markpablo2672 brighttriciaforex
I have also earned a lot of money with her help, I started my investment with her with $200 and she made me $16500 in a week. am really happy
You are a wee treasure dude.
Hello Text Message the Numeric Helpline above
Yo no audio?
MERCI BRO
Love your content man. But can you please say less words like: Uhh or Ahm.
Thank you.
Haha i love you mann!!!!! BUT could you please write less stupid comments?
Thank you.😊
How to get this on tradingview
Hello Text Message the Numeric Helpline above
alphaaaaa
No voice bro
do you still do crypto arbitrage?
🔝🔝🔝
No sound! Re upload plz!
You say this about every indicator. lol.