For the position to take on the WCTUSDT perpetual contract, here are the key elements to consider:

The current price is around 0.31 to 0.33 USDT depending on the different platforms (Binance).

Recent volatility shows variations between approximately 0.31 and 0.34 USDT over 24 hours, with significant volumes, indicating decent liquidity.

The funding rate is sometimes negative, meaning that short positions pay long positions, suggesting a slight bullish bias in the short term.