Let's talk about it. I just saw the funding rate for $AGT : 0.104%. Longs pay, which works out to an annualized rate of about 227%.
I generally don't jump into trades when the positive funding rate is this high. When everyone is on the same side, the market often turns against them.
Do you use funding rates as a reference?
I generally don't jump into trades when the positive funding rate is this high. When everyone is on the same side, the market often turns against them.
Do you use funding rates as a reference?