Let's do the math: $Q has a current funding rate of 0.0525%, equivalent to an annualized rate of about 115.1%.
In other words, every time the settlement rolls around, longs holding positions are handing out red envelopes ๐งง to shorts. I don't even send red envelopes to my friends that often.
The higher the leverage, the less room for error.
In other words, every time the settlement rolls around, longs holding positions are handing out red envelopes ๐งง to shorts. I don't even send red envelopes to my friends that often.
The higher the leverage, the less room for error.