🐋 $WET funding rate: -0.63% (shorts pay, approximately 1380.4% annualized).
Shorts are crowded. The funding rate is only one reference point; it should be considered alongside open interest and price trends. Looking at the funding rate alone can be misleading.
Shorts are crowded. The funding rate is only one reference point; it should be considered alongside open interest and price trends. Looking at the funding rate alone can be misleading.
