Conclusion first: this isn’t a normal rally—it’s shorts getting pressed hard and refusing to admit defeat.
$SUPER In 24 hours, it surged from 0.0995 to 0.1403. Binance’s current price is 0.138, up 36%. The standout is the funding rate—Binance perps for one period are -0.46% (settled every four hours); the annualized figure is close to -1000%. The short side’s cost of holding for a day is about 2.7%.
Liquidations match up: in 24 hours, the short side liquidated $2.57 million, while the long side had only $1.06 million.
The shorts didn’t run—they’re stubbornly holding on even with losses. The day the funding rate goes back to zero is when they “surrender,” and it’s usually also the end of the trend.$COTI Same model: +15%, Binance funding rate -0.12% per hour.
Will you take this subsidy, or wait for the funding rate to turn positive before entering?
View in real time: https://www.coinboss.com/funding-rate