Data alert: $MAGIC funding rate: -0.253%. Shorts are paying.
A high funding rate means you’re holding a position on the crowded side, and fees keep piling up. Hold it long enough, and funding fees alone can add up to a lot. Are you holding it?
This is just for discussion. Trade at your own risk.
A high funding rate means you’re holding a position on the crowded side, and fees keep piling up. Hold it long enough, and funding fees alone can add up to a lot. Are you holding it?
This is just for discussion. Trade at your own risk.