The funding rate is essentially a “toll” paid between longs and shorts.
$BR Shorts are paying right now: -0.371%, or about 812.1% annualized.
Willingness to pay just to stay short suggests heavy leverage among short sellers; if the price rebounds, buying to close positions could be intense.
How much leverage do you usually use?
#BR
$BR Shorts are paying right now: -0.371%, or about 812.1% annualized.
Willingness to pay just to stay short suggests heavy leverage among short sellers; if the price rebounds, buying to close positions could be intense.
How much leverage do you usually use?
#BR