Let’s calculate the holding cost: $IRYS . The current funding rate is -0.253%, settled every hour, equivalent to an annualized rate of approximately 2217.7%.
In other words, anyone holding a short position pays the longs each period, and the longer shorts hold on, the more disadvantaged they become. Once the market stops falling, short covering could push prices higher.
Which side do you think will crack first?
These views could be wrong at any time. You are responsible for your own gains and losses.
In other words, anyone holding a short position pays the longs each period, and the longer shorts hold on, the more disadvantaged they become. Once the market stops falling, short covering could push prices higher.
Which side do you think will crack first?
These views could be wrong at any time. You are responsible for your own gains and losses.