Alert: The $RLC funding rate is starting to bite
The funding rate is starting to bite.
-0.1748% → -0.1802%, turning more negative. The shorts aren’t here to watch—they’re paying to get in.
Open interest +8.5%. 12.8M → 12.5M → 12.8M → 13.9M. It eased off once in the middle, then surged in the final stretch. Trading volume: $271.3M. The price? 1.0412 USDT, +12.5% over 24h.
The price keeps climbing, yet the funding rate is still negative. That’s strange.
Someone’s betting it can’t keep rising. But if they’re betting the wrong way, they pay for it over time—the cost of holding short positions is climbing.
What really matters isn’t how stubborn the shorts are, but that the funding rate is still negative at 1.0412. That’s not a safety net for shorts; it’s fuel for a short squeeze.
Don’t rush to pick a side. Calculate your holding costs first, then look at leverage.
Risk warning: The funding rate doesn’t care about direction, only time—you may be able to withstand volatility, but not a constant drain.
#RLC #币安 #Bitcoin
The funding rate is starting to bite.
-0.1748% → -0.1802%, turning more negative. The shorts aren’t here to watch—they’re paying to get in.
Open interest +8.5%. 12.8M → 12.5M → 12.8M → 13.9M. It eased off once in the middle, then surged in the final stretch. Trading volume: $271.3M. The price? 1.0412 USDT, +12.5% over 24h.
The price keeps climbing, yet the funding rate is still negative. That’s strange.
Someone’s betting it can’t keep rising. But if they’re betting the wrong way, they pay for it over time—the cost of holding short positions is climbing.
What really matters isn’t how stubborn the shorts are, but that the funding rate is still negative at 1.0412. That’s not a safety net for shorts; it’s fuel for a short squeeze.
Don’t rush to pick a side. Calculate your holding costs first, then look at leverage.
Risk warning: The funding rate doesn’t care about direction, only time—you may be able to withstand volatility, but not a constant drain.
#RLC #币安 #Bitcoin