1/n- Infinite dumb threads on funding. 99% of the time it will follow price (If you can't figure why, God help you)
Markets go down when there are more sellers than buyers, and vice versa.
So the question is not the funding, but if price is corresponding to that still.

2/n- Frequently someone shares a high timeframe chart pointing out where funding was negative during down trending price action before the trend changed.
"LOOK ALPHA!"
....Well...duh, selling turned into more buying and price went up, funding is a derivative of that activity.

3/n- What matters are the divergences between what funding is doing, and what price is not doing.
**Where is the market trying to go, and is it doing a good job of getting there?**

4/4-
i.e. Funding increasingly negative/positive but price remains rangebound.
Funding is blatantly countering the current trend.
If price is still able to move up or down in the direction of funding, the effort coming in is still resulting in change.