$LSK The funding rate hit -0.037%, equivalent to an annualized rate of about 41%, meaning shorts pay longs interest every funding period. The current price is 0.20429, up a modest 4.61% in 24 hours, while trading volume has climbed to 3.2 times the daily average of the past 7 days. There has been no substantive news in the past 48 hours; this is purely a battle over futures funding. If shorts can’t bear the high holding costs, they’ll be forced to close their positions, with 0.2202 as the first resistance level above. Do you avoid coins with negative funding rates when trading futures?

#资金费率 #LSK