I took a look at the funding rate for $SAND : -0.283%, settled every 8 hours.
Short sellers are paying.
The funding rate is money that longs and shorts pay each other; the exchange doesn’t take any of it.
I keep my leverage very low, and at times like this, I’m even more inclined to sit tight.
Short sellers are paying.
The funding rate is money that longs and shorts pay each other; the exchange doesn’t take any of it.
I keep my leverage very low, and at times like this, I’m even more inclined to sit tight.