🐋 $ERA funding rate: -0.161% (shorts pay, approximately 1412.1% annualized).
Short positions are overcrowded. Extreme funding rates rarely last long; either the price pulls back or open interest declines before the rate returns to normal.
#ERA
Short positions are overcrowded. Extreme funding rates rarely last long; either the price pulls back or open interest declines before the rate returns to normal.
#ERA