40 of 170 perps are sitting exactly on the base funding rate right now.
Most people read funding as a signal. 24% of the time it is not moving at all - it is pinned. The information is in the 130 that are not.
Right now that is $IOST at -3240%/yr, $LSK at -731%/yr, $MTL at -591%/yr.
That is my read of the number, not a call on where it goes.
Day 26 of 500 USDT to 5,000, in public. Next marker 600.
Public lead portfolio on Binance Copy Trading, under Aeternm — it's on my profile. Green or red, posted every day. $IOST #FundingRate #CopyTrading
Most people read funding as a signal. 24% of the time it is not moving at all - it is pinned. The information is in the 130 that are not.
Right now that is $IOST at -3240%/yr, $LSK at -731%/yr, $MTL at -591%/yr.
That is my read of the number, not a call on where it goes.
Day 26 of 500 USDT to 5,000, in public. Next marker 600.
Public lead portfolio on Binance Copy Trading, under Aeternm — it's on my profile. Green or red, posted every day. $IOST #FundingRate #CopyTrading
