0.0773%, settle every 8 hours—$B2 the current funding rate is 0.232% three times a day, annualized 84.7%, while BTC at the same period is 0.01%, a difference of 7.7x. It’s up 93% today; if you can hold long positions, you’re not really profiting from the price increase—you’re paying that 85% annual cost by the hour.
The market isn’t well-supported: 24-hour trading volume is 35.6 million USDT, open interest is 14.8 million USDT, turnover is 2.4x—all quick money; the price has pulled back from 0.89 to 0.822, 7.6% below the intraday high. With such an expensive rate and such thin positioning, longs will run first within a two-hour window. The invalidation line is 0.78: if it breaks below that and the funding rate flips negative within two settlement periods, that’s the clean setup. How many 8-hour intervals have your long positions already paid for?
#数据视角 #资金动向
The market isn’t well-supported: 24-hour trading volume is 35.6 million USDT, open interest is 14.8 million USDT, turnover is 2.4x—all quick money; the price has pulled back from 0.89 to 0.822, 7.6% below the intraday high. With such an expensive rate and such thin positioning, longs will run first within a two-hour window. The invalidation line is 0.78: if it breaks below that and the funding rate flips negative within two settlement periods, that’s the clean setup. How many 8-hour intervals have your long positions already paid for?
#数据视角 #资金动向