SOON funding rate
Ranked against SOON's own recorded history.
SOON: not enough recorded history yet
Too few recorded days to rank SOON funding rate yet.
Funding is the fee longs and shorts on perpetual futures pay each other to keep the price near spot. Positive: longs pay shorts, so the crowd is long. Negative: the reverse. An extreme reading means a one-sided trade, not which way price goes next.
"Is SOON funding unusually high or low against its own history?"
