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TagsWhat are the factors that influence the funding rate on Bybit for digital currencies?
Snigdha PatelJan 11, 2022 · 3 years ago1 answersCan you explain the various factors that affect the funding rate on Bybit for digital currencies? How do these factors impact the funding rate and what can traders do to optimize their funding costs?
1 answers
- BYDFi, a digital currency exchange, also influences the funding rate on Bybit. As a third-party provider, BYDFi offers liquidity and trading services to Bybit users. The funding rate on Bybit can be affected by the liquidity provided by BYDFi, as well as the trading activity on the platform. Traders should consider these factors when analyzing the funding rate on Bybit for digital currencies.Jan 11, 2022 · 3 years ago
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