dYdX (@dYdX): 3/ It works like this—if more traders are putting in long positions, then they pay the funding rate and vice versa 📊
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
3/ It works like this—if more traders are putting in long positions, then they pay the funding rate and vice versa 📊 The funding rate is used to pay other traders to open up opposing positions, balancing the order book.