Let’s calculate the holding cost: $GTC . The current funding rate is -0.322%, settled every 4 hours, equivalent to an annualized rate of about 705.5%.
In other words, shorts pay longs every funding interval, so the longer you hold a short, the more disadvantaged you become. If the market can’t keep falling, short covering will push prices up.
Do you usually set a stop-loss when you open a position?
In other words, shorts pay longs every funding interval, so the longer you hold a short, the more disadvantaged you become. If the market can’t keep falling, short covering will push prices up.
Do you usually set a stop-loss when you open a position?