The data doesn't lie: $BLUR funding rate -0.287%, settlement interval 4 hours, approximately 628.6% annualized, with shorts paying.
Price over the same period: +9.45% in 24h; current price: 0.00811.
The more negative the funding rate, the more crowded the short positions. How do you interpret these figures?
Price over the same period: +9.45% in 24h; current price: 0.00811.
The more negative the funding rate, the more crowded the short positions. How do you interpret these figures?
