🐋 $GTC Funding rate: -0.0446% (shorts pay, approximately 390.5% annualized).
Shorts are piling in. The funding rate is a thermometer for the balance between longs and shorts in the futures market; when it gets too hot or too cold, that's a signal to be cautious.
#GTC
Shorts are piling in. The funding rate is a thermometer for the balance between longs and shorts in the futures market; when it gets too hot or too cold, that's a signal to be cautious.
#GTC