Let's do the math: $OGN — the current rate is -0.105%, settled every 4 hours, equivalent to an annualized rate of about 229.8%.
In other words, holding a short means paying the longs every settlement period, and the longer you hold it, the more you’re at a disadvantage. Once the price stops falling, short covering can push it higher.
Which side are you on—long or short?
For reference only. Trade at your own risk.
In other words, holding a short means paying the longs every settlement period, and the longer you hold it, the more you’re at a disadvantage. Once the price stops falling, short covering can push it higher.
Which side are you on—long or short?
For reference only. Trade at your own risk.