The funding rate is basically a “toll” that longs and shorts charge each other.
$BLUR Shorts are paying right now: -0.74%, or about 1,620.8% annualized.
If traders are willing to pay to stay short, that suggests there’s a lot of leverage chasing the downside; as long as the price doesn’t fall, short-covering could come in fast.
Do you usually set a stop-loss when you open a position?
#BLUR
$BLUR Shorts are paying right now: -0.74%, or about 1,620.8% annualized.
If traders are willing to pay to stay short, that suggests there’s a lot of leverage chasing the downside; as long as the price doesn’t fall, short-covering could come in fast.
Do you usually set a stop-loss when you open a position?
#BLUR
