📋 Market snapshot: $BLUR funding rate -0.501%, settlement interval 4 hours, approximately 1098.2% annualized; shorts pay.
Over the same 24-hour period, the price is down 34.59%, with the current price at 0.01199.
The more deeply negative the funding rate, the more crowded the short positions. Is this a signal or noise?
Over the same 24-hour period, the price is down 34.59%, with the current price at 0.01199.
The more deeply negative the funding rate, the more crowded the short positions. Is this a signal or noise?