CONCEPT
This indicator will allow you to see the Estimated Funding Rate from the FTX exchange. The creation of a completely accurate algorithm for calculating funding from the FTX exchange is impossible due to the absence of some exchanges on TV to create the correct index according to the FTX rules.
But the differences between this eslimated funding rate and the original are extremely insignificant.
TRADING
A positive value means that the number of LONGS is extremely high, so they pay funding rate (commission) to the SHORTS = BEARISH.
A negative value means that the number of SHORTS is extremely high, so they pay funding rate (commission) to the LONGS = BULLISH.
If you want access send me a private message so we can discuss it.
Cheers.
This indicator will allow you to see the Estimated Funding Rate from the FTX exchange. The creation of a completely accurate algorithm for calculating funding from the FTX exchange is impossible due to the absence of some exchanges on TV to create the correct index according to the FTX rules.
But the differences between this eslimated funding rate and the original are extremely insignificant.
TRADING
A positive value means that the number of LONGS is extremely high, so they pay funding rate (commission) to the SHORTS = BEARISH.
A negative value means that the number of SHORTS is extremely high, so they pay funding rate (commission) to the LONGS = BULLISH.
If you want access send me a private message so we can discuss it.
Cheers.