$QNT rises 13.9%, but the funding rate turns negative
Price: 106.14 USDT, 24h +13.9%. But the funding rate has dropped from +0.0006% to -0.0004%, turning negative. As it keeps rising, do the shorts gain the upper hand?
Bulls feel like they’ve won big: 13.9%, spot trading pair, market cap $1.28B, trading volume $89.2M, Robinhood Lists QNT, and 10 news headlines are flooding the feed.
Bears also think they’re winning: the funding rate turned negative, short-side strength increased, and shorting can still earn money.
Don’t start counting the profits yet.
OI +76.4%, path 5.6M > 10.6M > 9.7M > 9.9M. This isn’t a low-volume, slow grind down—in the moments when price is moving, real money keeps building positions and hasn’t backed off. A funding-rate flip to negative only means shorts start gaining an edge; it doesn’t mean shorts are safe. The deeper it goes negative, the higher the cost of holding short positions rises.
Some people are quietly adding to their positions, while others are waiting to be forced to cover. Low-level negative funding, once the direction reverses, becomes fuel for the shorts themselves.
And bulls shouldn’t get complacent either. When positions pile up to this level, costs start to rise—one sharp move can liquidate half a position.
First, see whether the funding rate can flip back to positive. Then, check whether OI continues increasing. Don’t max out your position size.
Risk warning: A funding rate turning negative isn’t a rebound signal—it means shorts are starting to pay. Whoever can’t afford it first, both sides could blow up together.
#QNT #币安 #比特币
Price: 106.14 USDT, 24h +13.9%. But the funding rate has dropped from +0.0006% to -0.0004%, turning negative. As it keeps rising, do the shorts gain the upper hand?
Bulls feel like they’ve won big: 13.9%, spot trading pair, market cap $1.28B, trading volume $89.2M, Robinhood Lists QNT, and 10 news headlines are flooding the feed.
Bears also think they’re winning: the funding rate turned negative, short-side strength increased, and shorting can still earn money.
Don’t start counting the profits yet.
OI +76.4%, path 5.6M > 10.6M > 9.7M > 9.9M. This isn’t a low-volume, slow grind down—in the moments when price is moving, real money keeps building positions and hasn’t backed off. A funding-rate flip to negative only means shorts start gaining an edge; it doesn’t mean shorts are safe. The deeper it goes negative, the higher the cost of holding short positions rises.
Some people are quietly adding to their positions, while others are waiting to be forced to cover. Low-level negative funding, once the direction reverses, becomes fuel for the shorts themselves.
And bulls shouldn’t get complacent either. When positions pile up to this level, costs start to rise—one sharp move can liquidate half a position.
First, see whether the funding rate can flip back to positive. Then, check whether OI continues increasing. Don’t max out your position size.
Risk warning: A funding rate turning negative isn’t a rebound signal—it means shorts are starting to pay. Whoever can’t afford it first, both sides could blow up together.
#QNT #币安 #比特币