$ERA Funding rate: -1.04% (shorts pay, approximately 2,285.3% annualized).
When the funding rate is heavily skewed in one direction, it usually means positions on that side are overcrowded, increasing the risk of a liquidation cascade in the opposite direction.
Wait for the candle to close before deciding; intraday wicks don’t count.
When the funding rate is heavily skewed in one direction, it usually means positions on that side are overcrowded, increasing the risk of a liquidation cascade in the opposite direction.
Wait for the candle to close before deciding; intraday wicks don’t count.