$VELVET #VELVET #Contract Trading
Short Alert | VELVET Funding Rate Change
Current funding rate +0.0240% (longs pay shorts)
Previous funding rate +0.0092% (longs pay shorts)
Funding rate change +0.0147%
Long-side funding continues to increase—longs are building positions
The market maker may hunt longs
Current price 0.84740
Trigger price 0.79270
Invalidation price 0.92367
Observation levels 0.79656 / 0.74571
Market clues: Current funding rate +0.0240% (longs pay shorts) / Previous funding rate +0.0092% (longs pay shorts) / Funding rate change +0.0147% / Long-side funding continues to increase—longs are building positions / The market maker may hunt longs
Ongoing funding rate changes indicate that positioning is leaning to one side. You can set up a short in advance; the invalidation price is the stop-loss level.
Short Alert | VELVET Funding Rate Change
Current funding rate +0.0240% (longs pay shorts)
Previous funding rate +0.0092% (longs pay shorts)
Funding rate change +0.0147%
Long-side funding continues to increase—longs are building positions
The market maker may hunt longs
Current price 0.84740
Trigger price 0.79270
Invalidation price 0.92367
Observation levels 0.79656 / 0.74571
Market clues: Current funding rate +0.0240% (longs pay shorts) / Previous funding rate +0.0092% (longs pay shorts) / Funding rate change +0.0147% / Long-side funding continues to increase—longs are building positions / The market maker may hunt longs
Ongoing funding rate changes indicate that positioning is leaning to one side. You can set up a short in advance; the invalidation price is the stop-loss level.