Just a quick aside: before I open a futures position, I always check the funding rate first.
Like right now: $AVA , at -0.05%—shorts pay, with an annualized rate of about 109.5%.
When the rate is this low, chasing shorts means paying longs every funding interval while also risking a short squeeze, so I usually stay away.
Did you come out ahead on this one, or take a loss?
Like right now: $AVA , at -0.05%—shorts pay, with an annualized rate of about 109.5%.
When the rate is this low, chasing shorts means paying longs every funding interval while also risking a short squeeze, so I usually stay away.
Did you come out ahead on this one, or take a loss?