Just sharing something I noticed: the funding rate for $SIREN is -0.0473%—shorts pay, which works out to an annualized rate of about 103.6%.
A negative funding rate means a lot of people are short, but when a trade gets too crowded, it can often get squeezed. I’ll be more cautious about a rebound.
Do you pay attention to funding rates?
Volatility is high, so manage your position size carefully.
A negative funding rate means a lot of people are short, but when a trade gets too crowded, it can often get squeezed. I’ll be more cautious about a rebound.
Do you pay attention to funding rates?
Volatility is high, so manage your position size carefully.