Let’s calculate the cost of holding a position: $KAIA The current funding rate is -0.163%, settled once every hour, equivalent to an annualized rate of about 1431.5%.
In other words, short sellers pay long holders every period they hold their positions, and the longer they stay short, the more they’re at a disadvantage. If the price stops falling, short covering could push it higher.
Which side do you think will get liquidated first?
#KAIA
This is for informational purposes only and does not constitute investment advice.
In other words, short sellers pay long holders every period they hold their positions, and the longer they stay short, the more they’re at a disadvantage. If the price stops falling, short covering could push it higher.
Which side do you think will get liquidated first?
#KAIA
This is for informational purposes only and does not constitute investment advice.