$LAB is a setup that you can Short correctly... but you can still lose money
More than a month ago, I made a video saying that $LAB has nothing special besides pumping the selloff volume—today, it has officially gone underground
Short funding on Binance reached as high as 2% per hour
Example:
Capital: $1,000
Short x10 -> Position: $10,000
Funding 2%/hour -> Lose $200 each hour
If the price keeps going sideways:
After 1 hour, lose $200
After 2 hours, lose $400
After 5 hours, the funding money equals the original capital
That’s why there are setups where you guess the trend correctly but still end up losing, because you can’t withstand the funding fees
Don’t just look at the price—look at the Funding Rate too before opening a Futures trade. Sometimes going sideways is actually the thing that eats away your account the fastest
More than a month ago, I made a video saying that $LAB has nothing special besides pumping the selloff volume—today, it has officially gone underground
Short funding on Binance reached as high as 2% per hour
Example:
Capital: $1,000
Short x10 -> Position: $10,000
Funding 2%/hour -> Lose $200 each hour
If the price keeps going sideways:
After 1 hour, lose $200
After 2 hours, lose $400
After 5 hours, the funding money equals the original capital
That’s why there are setups where you guess the trend correctly but still end up losing, because you can’t withstand the funding fees
Don’t just look at the price—look at the Funding Rate too before opening a Futures trade. Sometimes going sideways is actually the thing that eats away your account the fastest
