The funding rate for $NATGAS has surged to 0.3724%, with settlement every 4 hours. Longs are so crowded that the cost of going long has shot up. I checked the mark price: 3.374 USDT, while the current price is still stuck at 3.373, down 1.43% over 24 hours, with 24-hour trading volume of $55.39 million. There are 239 minutes until the next settlement. If this rate holds, the cost of holding a position will be pretty high. I think longs should be careful not to get worn down too much by persistently positive funding rates.

How much longer do you think this rate can stay high?

$NATGAS #资金费率