No beating around the bush—I just came across the funding rate for $ARC : -0.103%. Shorts are paying, which works out to an annualized rate of about 225.4%.
A negative funding rate means a lot of people are short, but when the market is too one-sided, it often moves the other way. I’ll be keeping a closer eye out for a rebound.
Do you look at funding rates?
#ARC
A negative funding rate means a lot of people are short, but when the market is too one-sided, it often moves the other way. I’ll be keeping a closer eye out for a rebound.
Do you look at funding rates?
#ARC