Funding rates are basically a “toll” paid between longs and shorts.
$BTW Shorts are currently paying: -0.408%, or about 893.3% annualized.
The fact that traders are willing to pay to hold short positions suggests bearish leverage is very crowded; as long as the price doesn’t fall, the rush to buy back and close positions could be intense.
Have you ever been liquidated?
#BTW
$BTW Shorts are currently paying: -0.408%, or about 893.3% annualized.
The fact that traders are willing to pay to hold short positions suggests bearish leverage is very crowded; as long as the price doesn’t fall, the rush to buy back and close positions could be intense.
Have you ever been liquidated?
#BTW