$SNDK #Contract Trading
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0644% (longs pay, shorts receive)
Previous funding rate +0.0444% (longs pay, shorts receive)
Funding rate change +0.0200%
Long funding costs are continuing to rise, as longs build positions
Market makers may be hunting longs
Current price 1005.56
Trigger level 990.46
Invalidation level 1065.41
Watch levels 945.23 / 884.89
Market signals: Current funding rate +0.0644% (longs pay, shorts receive) / Previous funding rate +0.0444% (longs pay, shorts receive) / Funding rate change +0.0200% / Long funding costs are continuing to rise, as longs build positions / Market makers may be hunting longs
Persistent changes in the funding rate indicate that positions are becoming skewed to one side. You can position early to follow the short trend; the invalidation level is the stop-loss level.
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0644% (longs pay, shorts receive)
Previous funding rate +0.0444% (longs pay, shorts receive)
Funding rate change +0.0200%
Long funding costs are continuing to rise, as longs build positions
Market makers may be hunting longs
Current price 1005.56
Trigger level 990.46
Invalidation level 1065.41
Watch levels 945.23 / 884.89
Market signals: Current funding rate +0.0644% (longs pay, shorts receive) / Previous funding rate +0.0444% (longs pay, shorts receive) / Funding rate change +0.0200% / Long funding costs are continuing to rise, as longs build positions / Market makers may be hunting longs
Persistent changes in the funding rate indicate that positions are becoming skewed to one side. You can position early to follow the short trend; the invalidation level is the stop-loss level.