#727 What Is Going On With Bitcoin? w/ Will Clemente
The Pomp Podcast
00:00
The Perpetual Funding Rate
The perpetual funding rate is essentially the mechanism that pegs the purp to the actual weighted spot price. Funding can have some signal, because it's essentially tracking the aggression off the perpetrators relative to relative despot. Where funding really has actionable signal, in my opinion, is when we see price going one direction, meanwhile funding is going tho opposite.
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