Just a quick thought: I just came across the funding rate for $AIN : 0.101%, with longs paying. That works out to an annualized rate of about 221.6%.
I usually avoid jumping into a trade when the positive funding rate is this high. When a trade gets too crowded, it can easily reverse and catch people off guard.
Do you keep an eye on funding rates?
I usually avoid jumping into a trade when the positive funding rate is this high. When a trade gets too crowded, it can easily reverse and catch people off guard.
Do you keep an eye on funding rates?