I counted it out: $CT ’s funding rate for this period is -0.313%, equivalent to an annualized rate of about 686%.
In other words, shorts are handing longs a red envelope 🧧 every funding period just for holding their positions. I don’t even hand out red envelopes that often.
Holding a heavily leveraged position through losses is the most common reason for liquidation.
#CT
In other words, shorts are handing longs a red envelope 🧧 every funding period just for holding their positions. I don’t even hand out red envelopes that often.
Holding a heavily leveraged position through losses is the most common reason for liquidation.
#CT