Annualized: -1803%. When I first saw that number, I thought I’d misplaced a decimal point. But then I checked the current funding rate: -1.647%. Shorts are bleeding every hour, so this isn’t a mistake.
$ERA Put simply, this means shorts are piling in, willing to pay a high price to short. Don’t just see “price falling” and rush to join the crowd. An extreme funding rate like this is a double-edged sword: if shorts can’t take the pain and close their positions, they become fuel. If a rebound candle shows up, the squeeze can hit hard.
The only thing I’m sure of is that most people chasing shorts right now haven’t even worked out how much they’re paying in costs. If you’re betting on a rebound, don’t get carried away either—first see whether this funding rate can hold.
#资金费率 #合约观察 #ERA
$ERA Put simply, this means shorts are piling in, willing to pay a high price to short. Don’t just see “price falling” and rush to join the crowd. An extreme funding rate like this is a double-edged sword: if shorts can’t take the pain and close their positions, they become fuel. If a rebound candle shows up, the squeeze can hit hard.
The only thing I’m sure of is that most people chasing shorts right now haven’t even worked out how much they’re paying in costs. If you’re betting on a rebound, don’t get carried away either—first see whether this funding rate can hold.
#资金费率 #合约观察 #ERA