$SPCX #Contract Trading
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0263% (longs pay shorts)
Previous funding rate +0.0000% (longs and shorts even)
Funding rate change +0.0263%
Long funding continues to rise, longs are building positions
Market maker may hunt longs
Current price 150.93
Trigger price 148.07
Invalidation price 153.60
Observation levels 141.87 / 132.82
Market cues: Current funding rate +0.0263% (longs pay shorts) / Previous funding rate +0.0000% (longs and shorts even) / Funding rate change +0.0263% / Long funding continues to rise, longs are building positions / Market maker may hunt longs
Ongoing funding rate changes indicate positions are leaning to one side. You can set up in advance to chase shorts; the invalidation level serves as the stop-loss.
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0263% (longs pay shorts)
Previous funding rate +0.0000% (longs and shorts even)
Funding rate change +0.0263%
Long funding continues to rise, longs are building positions
Market maker may hunt longs
Current price 150.93
Trigger price 148.07
Invalidation price 153.60
Observation levels 141.87 / 132.82
Market cues: Current funding rate +0.0263% (longs pay shorts) / Previous funding rate +0.0000% (longs and shorts even) / Funding rate change +0.0263% / Long funding continues to rise, longs are building positions / Market maker may hunt longs
Ongoing funding rate changes indicate positions are leaning to one side. You can set up in advance to chase shorts; the invalidation level serves as the stop-loss.