Doing the math on my fingers: $BLUR 's funding rate for this period is -0.496%, equivalent to an annualized rate of about 1086.2%.
In other words, shorts holding their positions are handing longs a red envelope 🧧 at every settlement. Even I don't hand out red envelopes that often.
The side with more liquidations usually takes a hit to its short-term confidence, too.
In other words, shorts holding their positions are handing longs a red envelope 🧧 at every settlement. Even I don't hand out red envelopes that often.
The side with more liquidations usually takes a hit to its short-term confidence, too.