To get straight to the point, I always check the funding rate before opening a futures position.
For example, right now $GTC is at -0.554%: shorts pay, with an annualized rate of about 1213.5%.
When the rate is this negative, going short means paying every funding period while also risking a rebound—I usually stay out.
Which side do you think will crack first, longs or shorts?
For example, right now $GTC is at -0.554%: shorts pay, with an annualized rate of about 1213.5%.
When the rate is this negative, going short means paying every funding period while also risking a rebound—I usually stay out.
Which side do you think will crack first, longs or shorts?