Let’s calculate the cost of holding a position: $RLC The current funding rate is -0.249%, settled every 4 hours, equivalent to an annualized rate of about 546%.
In other words, short sellers pay the longs every funding period, and the longer they hold their shorts, the more pressure they’re under. Once the market stops falling, short covering could push prices higher.
How much leverage do you usually use?
#RLC
Personal notes only; this is not specific trading advice.
In other words, short sellers pay the longs every funding period, and the longer they hold their shorts, the more pressure they’re under. Once the market stops falling, short covering could push prices higher.
How much leverage do you usually use?
#RLC
Personal notes only; this is not specific trading advice.