Let’s do the math: $AIN has a current funding rate of 0.0507%, settled every 4 hours, which works out to an annualized rate of about 111%.
In other words, if you’re holding a long position, you pay the shorts every funding period. The longer you hold, the higher the cost. If the price stalls, longs exiting can easily accelerate a drop.
What leverage do you usually use?
#AIN
In other words, if you’re holding a long position, you pay the shorts every funding period. The longer you hold, the higher the cost. If the price stalls, longs exiting can easily accelerate a drop.
What leverage do you usually use?
#AIN