Put simply, the funding rate is a “toll” that longs and shorts charge each other.
$DOOD Shorts are currently paying: -0.272%, or about 595.1% annualized.
If traders are willing to pay just to stay short, bearish positions are very crowded; if the price doesn't fall, buying to cover those shorts could be intense.
Do you trade futures a lot?
#DOOD
$DOOD Shorts are currently paying: -0.272%, or about 595.1% annualized.
If traders are willing to pay just to stay short, bearish positions are very crowded; if the price doesn't fall, buying to cover those shorts could be intense.
Do you trade futures a lot?
#DOOD
