🐋 $ERA funding rate: -0.0548% (shorts pay; approximately 120% annualized).
Short positions are overcrowded. The funding rate is just one indicator to consider; you need to look at it alongside open interest and price movements. Looking at the rate alone can be misleading.
This article is for informational purposes only and does not constitute investment advice.
Short positions are overcrowded. The funding rate is just one indicator to consider; you need to look at it alongside open interest and price movements. Looking at the rate alone can be misleading.
This article is for informational purposes only and does not constitute investment advice.