Prices are still moving up, but shorts are already paying. I’m watching $LSK : the 4-hour funding rate is -0.0652%, which means shorts have to pay the funding fee, and they’re crowded on one side. The current price is 0.2064 USDT, up 6.17% over 24 hours, with the mark price close behind at 0.2061. With the price rising and funding negative, over these 78 minutes before settlement, I’m just watching to see whether the shorts exit first. 24-hour trading volume is $42.19 million; it’s not a very large market. If the funding rate goes further negative, position closures could come faster than the news.
#资金费率 #合约