Let’s do the math: The current funding rate for $Q is -0.116%, equivalent to an annualized rate of about 252.9%.
In other words, shorts are giving longs a red envelope 🧧 every funding period just for holding their positions. Even I’m not this punctual when giving out red envelopes.
When one side gets hit with major liquidations, short-term sentiment often takes a hit.
In other words, shorts are giving longs a red envelope 🧧 every funding period just for holding their positions. Even I’m not this punctual when giving out red envelopes.
When one side gets hit with major liquidations, short-term sentiment often takes a hit.