Objectively speaking, I always check the funding rate before opening a futures position.
For example, the current rate for $ZIL is -0.0516%: shorts pay, with an annualized rate of about 113.1%.
When the rate is this low, chasing shorts means paying longs every funding period—and you also have to watch out for a short squeeze. I usually sit this one out.
What leverage do you think is appropriate? Let’s discuss in the comments.
#ZIL
Personal notes only—not investment advice or a recommendation to buy or sell.
For example, the current rate for $ZIL is -0.0516%: shorts pay, with an annualized rate of about 113.1%.
When the rate is this low, chasing shorts means paying longs every funding period—and you also have to watch out for a short squeeze. I usually sit this one out.
What leverage do you think is appropriate? Let’s discuss in the comments.
#ZIL
Personal notes only—not investment advice or a recommendation to buy or sell.