🐋 $BIRB funding rate: -0.2% (shorts pay, approximately 437.4% annualized).
Shorts are too crowded. The funding rate is a barometer of long/short sentiment in the futures market; both overheated and oversold conditions are signals to watch.
Shorts are too crowded. The funding rate is a barometer of long/short sentiment in the futures market; both overheated and oversold conditions are signals to watch.