Put simply, the funding rate is a “toll” that longs and shorts charge each other.
$GTC Right now, shorts are paying: -0.226%, or about 494.9% annualized.
The fact that traders are willing to pay to stay short suggests strong bearish sentiment; if the price rebounds, short-covering could be intense.
How much leverage do you usually use?
#GTC
$GTC Right now, shorts are paying: -0.226%, or about 494.9% annualized.
The fact that traders are willing to pay to stay short suggests strong bearish sentiment; if the price rebounds, short-covering could be intense.
How much leverage do you usually use?
#GTC