Funding rates are essentially a “toll” that longs and shorts pay each other.
$ORCA Right now, shorts are paying: -0.0537%, or about 117.7% annualized.
If traders are willing to pay to hold short positions, it means leveraged short positions are crowded; if the price stops falling, there could be strong buying pressure from short covering.
Have you ever been liquidated?
#ORCA
Crypto assets are highly volatile. Please manage your position size responsibly.
$ORCA Right now, shorts are paying: -0.0537%, or about 117.7% annualized.
If traders are willing to pay to hold short positions, it means leveraged short positions are crowded; if the price stops falling, there could be strong buying pressure from short covering.
Have you ever been liquidated?
#ORCA
Crypto assets are highly volatile. Please manage your position size responsibly.