The shorts on $ERA are like tenants who pay rent on time but can’t move in: the funding rate is -0.253%, so they’re paying every period.
At an annualized rate of about 2220.1%, how long can the shorts hold out?
Keep your position a little smaller, and you’ll sleep a little better. Where do you think it’s headed next? Leave a comment, and we’ll compare notes later.
At an annualized rate of about 2220.1%, how long can the shorts hold out?
Keep your position a little smaller, and you’ll sleep a little better. Where do you think it’s headed next? Leave a comment, and we’ll compare notes later.