As a crypto veteran, I always check the funding rate before placing an order.
For example, right now it’s $ERA : -0.125%. Shorts pay, with an annualized rate of about 1095.7%.
When the rate is this low, chasing shorts means constantly paying longs while also having to ride out any rebound. I usually stay away.
Share your approach to managing leverage in the comments.
For example, right now it’s $ERA : -0.125%. Shorts pay, with an annualized rate of about 1095.7%.
When the rate is this low, chasing shorts means constantly paying longs while also having to ride out any rebound. I usually stay away.
Share your approach to managing leverage in the comments.
