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    Monday, July 13, 2020

    [Daily Discussion] Monday, July 13, 2020 Bitcoin Markets

    [Daily Discussion] Monday, July 13, 2020 Bitcoin Markets


    [Daily Discussion] Monday, July 13, 2020

    Posted: 12 Jul 2020 09:06 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

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    [Altcoin Discussion] Monday, July 13, 2020

    Posted: 12 Jul 2020 09:06 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    Question about OKEx Perpetual contract funding rate

    Posted: 13 Jul 2020 01:36 AM PDT

    I noticed large fluctuation of the funding rate on OKEx Perp contract BTCUSDT at 00:00, 08:00 and 16:00 (UTC). For example it was 0.015% today at 00:00, sudently falls to -0.019% at 00:05 and then came back positive 1 hour later.

    What do you think is the reason for this?

    Also, suppose you want to take advantage of the rate in order to get pay by the opposite side after 8 hours, would you base your decision to open a long (or a short) by looking at the funding rate at 00:00, 08:00 and 16:00 (UTC) or by looking at it at 00:05, 08:05 and 16:05 (UTC)?

    Thanks!

    submitted by /u/Hornkild
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