This short squeeze is getting a bit brutal.
I checked the data: out of 5 trading pairs, 4 have negative funding rates. The one for HOME at -0.5566 absolutely stunned me. What does that even mean? In 8 hours it’s nearly 0.56%, and when annualized it’s downright scary.
This is heavy on the bears—not because the fundamentals are overwhelmingly bearish, but because market makers and arbitrage traders are harvesting the funding. The problem is: when everyone piles into one side, the reversal often comes faster than you’d expect. I’ve been burned before in STXX—when shorts stacked up, a single needle-like move wiped out liquidations, and that pain is still unforgettable.
URNM is the only positive funding rate at +0.1443. It’s crowded with longs, but this coin’s liquidity is mediocre, so you’ve got to be careful about slippage when entering and exiting.
$BTC has been stable in the 63,000–64,000 range, and funding is only 0.009%, which suggests Bitcoin on this side is still relatively balanced—not that extreme.
For arbitrage opportunities: for those with high negative funding rates, if the spot market has sufficient liquidity you can, in theory, move funds around to earn the funding. But I suggest you don’t go heavy on position size—because in extreme markets, funding rate reversals can happen very quickly. I wouldn’t touch spot for something like HOME with such a high funding rate. I’d wait for funding to normalize first.
Are you guys earning funding on these coins? Is HOME really something you can touch?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.
I checked the data: out of 5 trading pairs, 4 have negative funding rates. The one for HOME at -0.5566 absolutely stunned me. What does that even mean? In 8 hours it’s nearly 0.56%, and when annualized it’s downright scary.
This is heavy on the bears—not because the fundamentals are overwhelmingly bearish, but because market makers and arbitrage traders are harvesting the funding. The problem is: when everyone piles into one side, the reversal often comes faster than you’d expect. I’ve been burned before in STXX—when shorts stacked up, a single needle-like move wiped out liquidations, and that pain is still unforgettable.
URNM is the only positive funding rate at +0.1443. It’s crowded with longs, but this coin’s liquidity is mediocre, so you’ve got to be careful about slippage when entering and exiting.
$BTC has been stable in the 63,000–64,000 range, and funding is only 0.009%, which suggests Bitcoin on this side is still relatively balanced—not that extreme.
For arbitrage opportunities: for those with high negative funding rates, if the spot market has sufficient liquidity you can, in theory, move funds around to earn the funding. But I suggest you don’t go heavy on position size—because in extreme markets, funding rate reversals can happen very quickly. I wouldn’t touch spot for something like HOME with such a high funding rate. I’d wait for funding to normalize first.
Are you guys earning funding on these coins? Is HOME really something you can touch?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.