Just saw this, so I thought I’d chime in.
The funding rate for $GTC is -0.567%, which works out to about -1242% annualized using a simple calculation.
That’s a pretty wild number—the shorts are paying through the nose.
Do any of you hold it?
The funding rate for $GTC is -0.567%, which works out to about -1242% annualized using a simple calculation.
That’s a pretty wild number—the shorts are paying through the nose.
Do any of you hold it?