【Funding Rate Ledger】$LA Price is rising, and shorts are still paying funding. These are positions being passively held, not actively added to.
Funding rate: -0.331%; shorts pay. 24-hour change: +2.71%.
There have been 6 consecutive settlements in the same direction, with shorts paying a cumulative 0.74%.
What to watch next: if the price rises further and the funding rate doesn’t turn positive, short covering will become an upward force.
#LA
Personal observations only; not financial advice.
Funding rate: -0.331%; shorts pay. 24-hour change: +2.71%.
There have been 6 consecutive settlements in the same direction, with shorts paying a cumulative 0.74%.
What to watch next: if the price rises further and the funding rate doesn’t turn positive, short covering will become an upward force.
#LA
Personal observations only; not financial advice.