KAIA’s funding rate is pretty scary at -0.166%. Annualized, that means shorts are paying over 180 points. Honestly, when I see an extremely negative funding rate like this, my first thought isn’t “shorts are making a killing,” but rather: how strong must their conviction be to keep holding on?
Money never comes for free in the market. The cost of leveraged positions eventually gets reflected in price volatility. Personally, when the funding rate gets this abnormal, I prefer to sit back and watch instead of rushing in. #资金费率 #合约观察 #KAIA $KAIA
Money never comes for free in the market. The cost of leveraged positions eventually gets reflected in price volatility. Personally, when the funding rate gets this abnormal, I prefer to sit back and watch instead of rushing in. #资金费率 #合约观察 #KAIA $KAIA