Quick note: I just saw the funding rate for $KAIA : -0.026%. Shorts are paying, which works out to an annualized rate of about 227.5%.
A negative funding rate means a lot of people are short, but overcrowded trades often move in the opposite direction, so I’d be more alert to a short squeeze.
Do you pay attention to funding rates?
A negative funding rate means a lot of people are short, but overcrowded trades often move in the opposite direction, so I’d be more alert to a short squeeze.
Do you pay attention to funding rates?