Shorts are paying longs: $ARK perpetual funding rate -0.1056%, the most negative tier on the whole market.
With this rate, holding positions overnight means shorts have to keep taking money out every so often. The current price is 0.40500, up 64.50% in 24 hours.
Funding rate is the only indicator that directly shows “who is paying.” It’s more honest than the price itself. Whether the numbers look good and whether money is actually flowing in are two different things—I’m pretty straightforward about that.
$ARK #Market Analysis
With this rate, holding positions overnight means shorts have to keep taking money out every so often. The current price is 0.40500, up 64.50% in 24 hours.
Funding rate is the only indicator that directly shows “who is paying.” It’s more honest than the price itself. Whether the numbers look good and whether money is actually flowing in are two different things—I’m pretty straightforward about that.
$ARK #Market Analysis
