Put simply, the funding rate is the “toll” paid between longs and shorts.
$CT : Shorts are paying right now, at -0.0794%, or about 173.8% annualized.
If traders are willing to pay to hold short positions, that suggests the short trade is crowded; if the price stops falling, a rush of buying to close positions could follow.
Do you usually use leverage?
$CT : Shorts are paying right now, at -0.0794%, or about 173.8% annualized.
If traders are willing to pay to hold short positions, that suggests the short trade is crowded; if the price stops falling, a rush of buying to close positions could follow.
Do you usually use leverage?