Funding rates are simply the "toll" paid between longs and shorts.
$AIN is now the longs paying: 0.0254%, annualized at about 55.6%.
Willing to pay such a high price and still hold long positions means the funds chasing longs are very crowded; at this point, smart money is even more willing to collect the funding rate.
Would you dare take action at this position?
This content is for reference only and does not constitute investment advice. DYOR.
$AIN is now the longs paying: 0.0254%, annualized at about 55.6%.
Willing to pay such a high price and still hold long positions means the funds chasing longs are very crowded; at this point, smart money is even more willing to collect the funding rate.
Would you dare take action at this position?
This content is for reference only and does not constitute investment advice. DYOR.