The funding rate is essentially a “toll” paid between longs and shorts.
$LSK : Shorts are paying now—-0.0789%, or about 172.9% annualized.
If traders are willing to pay to stay short, bearish sentiment is strong; if the price rebounds, buying to cover those short positions could be intense.
Which side would you choose—long or short?
$LSK : Shorts are paying now—-0.0789%, or about 172.9% annualized.
If traders are willing to pay to stay short, bearish sentiment is strong; if the price rebounds, buying to cover those short positions could be intense.
Which side would you choose—long or short?