Let’s do the math: $SCRT’s current funding rate is , equivalent to an annualized rate of approximately .
In other words, short sellers pay longs every funding period. The longer they hold their short positions, the more disadvantaged they become. Once the market stops falling, short covering could push prices higher.
Beware of leverage risks.
In other words, short sellers pay longs every funding period. The longer they hold their short positions, the more disadvantaged they become. Once the market stops falling, short covering could push prices higher.
Beware of leverage risks.