Just jotting this down: I always check the funding rate before placing an order.
Take $GTC right now: -0.102%. Shorts pay, with an annualized rate of about 111.7%.
When the rate is this negative, chasing shorts means paying longs every funding interval while also risking a rebound. I usually stay away.
Do you usually use stop-losses when placing orders?
#GTC
This is for informational purposes only and does not constitute investment advice.
Take $GTC right now: -0.102%. Shorts pay, with an annualized rate of about 111.7%.
When the rate is this negative, chasing shorts means paying longs every funding interval while also risking a rebound. I usually stay away.
Do you usually use stop-losses when placing orders?
#GTC
This is for informational purposes only and does not constitute investment advice.