Are that many people shorting? The funding rate for $GTC has reached -0.262%. This contract settles every 4 hours.
The funding rate is money that traders who are long and short pay each other—the exchange doesn't take a cut. If you're in profit, remember to take some off the table.
The funding rate is money that traders who are long and short pay each other—the exchange doesn't take a cut. If you're in profit, remember to take some off the table.