Put simply, the funding rate is a “toll” paid between longs and shorts.
$WAL Right now, shorts are paying: -0.0587%, or about 128.5% annualized.
If traders are willing to pay to stay short, bearish sentiment is strong; as long as the price doesn’t fall, buying to close short positions could be intense.
Which side are you on—long or short?
#WAL
DYOR, and trade responsibly.
$WAL Right now, shorts are paying: -0.0587%, or about 128.5% annualized.
If traders are willing to pay to stay short, bearish sentiment is strong; as long as the price doesn’t fall, buying to close short positions could be intense.
Which side are you on—long or short?
#WAL
DYOR, and trade responsibly.