🚨 Risk Alert: #Pippin Funding Fee is Eating Profits!

I successfully shorted #beat and booked profit—a great trade! 👍

However, the profit from BEAT could not even cover the massive funding fee I've paid while holding my position on PIPPIN.

This is a real-world example of how quickly high funding rates can ruin profitable trading. Always factor in the cost of carry!

Time to re-evaluate the PIPPIN position. What's your strategy for dealing with these extreme funding rates?

BEATUSDT

Perp

1.0642

+0.08%