Let’s calculate the holding cost: $BLUR . The current rate is -0.259%, settled every 4 hours, which works out to an annualized rate of about 567.4%.
In other words, short sellers pay longs every funding period, so the longer they hold their positions, the more they’re on the back foot. Once the market stops falling, short covering can push prices up.
Would you dare to trade in a market like this?
#BLUR
In other words, short sellers pay longs every funding period, so the longer they hold their positions, the more they’re on the back foot. Once the market stops falling, short covering can push prices up.
Would you dare to trade in a market like this?
#BLUR