Honestly, I always take a quick look at the funding rate before placing an order.
For example, right now it’s $AXL : -0.0989%. Shorts pay, with an annualized rate of about 216.6%.
When the rate is this negative, chasing shorts means paying longs every funding period while also risking a short squeeze. I usually stay out of the fray.
Who do you think will crack first, longs or shorts?
#AXL
For example, right now it’s $AXL : -0.0989%. Shorts pay, with an annualized rate of about 216.6%.
When the rate is this negative, chasing shorts means paying longs every funding period while also risking a short squeeze. I usually stay out of the fray.
Who do you think will crack first, longs or shorts?
#AXL