🐋 $SKL funding rate: -0.288% (shorts pay, approximately 630.8% annualized).
Short positions are crowded. When the funding rate deviates significantly, the spread between spot and futures usually widens too, so it’s worth watching both.
#SKL
Markets change in an instant—don’t rush to conclusions.
Short positions are crowded. When the funding rate deviates significantly, the spread between spot and futures usually widens too, so it’s worth watching both.
#SKL
Markets change in an instant—don’t rush to conclusions.