Put simply, the funding rate is the “toll” longs and shorts pay each other.
$ERA Shorts are currently paying: -0.0661%, or about 144.7% annualized.
If traders are willing to pay to stay short, bearish leverage is crowded; if the price rebounds, the buying pressure from short covering could be intense.
Do you use a lot of leverage?
#ERA
NFA, DYOR.
$ERA Shorts are currently paying: -0.0661%, or about 144.7% annualized.
If traders are willing to pay to stay short, bearish leverage is crowded; if the price rebounds, the buying pressure from short covering could be intense.
Do you use a lot of leverage?
#ERA
NFA, DYOR.