💸 $POWR paid longs up to 1.698% in a single funding interval — yet the price kept falling
That's the danger of chasing negative funding
Yesterday, POWR Futures saw explosive Open Interest growth as funding plunged deep into negative territory
Now the picture has changed 👇
$POWR
📉 Futures price: −15% over 24 hours
💰 Latest settled funding: −0.8734%
📊 Open Interest in POWR terms: −2.2% over 24 hours
Even the Mark Price discount to Index has narrowed to roughly 0.6%
⚠️ Shorts paying longs doesn't make an unhedged Long profitable
Funding income can be overwhelmed by price losses
And a hedged carry strategy still faces basis risk, execution costs and funding changes
🔍 The next signal isn't another huge funding payment
It's whether OI stabilizes, Spot liquidity improves and the Futures discount continues to close
Expensive shorts don't guarantee profitable longs
#powr #BİNANCEFUTURES #FundingRates
That's the danger of chasing negative funding
Yesterday, POWR Futures saw explosive Open Interest growth as funding plunged deep into negative territory
Now the picture has changed 👇
$POWR
📉 Futures price: −15% over 24 hours
💰 Latest settled funding: −0.8734%
📊 Open Interest in POWR terms: −2.2% over 24 hours
Even the Mark Price discount to Index has narrowed to roughly 0.6%
⚠️ Shorts paying longs doesn't make an unhedged Long profitable
Funding income can be overwhelmed by price losses
And a hedged carry strategy still faces basis risk, execution costs and funding changes
🔍 The next signal isn't another huge funding payment
It's whether OI stabilizes, Spot liquidity improves and the Futures discount continues to close
Expensive shorts don't guarantee profitable longs
#powr #BİNANCEFUTURES #FundingRates
