Let’s do the math: $BULLA has a current-period funding rate of -1.02%, equivalent to an annualized rate of about 2224.8%.
In other words, shorts holding positions are giving longs red envelopes 🧧 every period. Even I’m not this punctual when sending red envelopes to friends.
The higher the leverage, the smaller the margin for error.
#BULLA
In other words, shorts holding positions are giving longs red envelopes 🧧 every period. Even I’m not this punctual when sending red envelopes to friends.
The higher the leverage, the smaller the margin for error.
#BULLA