A look back at a few funding rates I mentioned before:
$ERA : Shorts were paying 0.34% at the time. The next day, shorts were still paying 0.21%, with little easing.
$UVXY: Shorts were paying 0.33% at the time. The next day, shorts were still paying 0.27%, with little easing.
$XTZ: Shorts were paying 0.41% at the time. The next day, shorts were still paying, but the rate had fallen to just 0.055%, and the pressure had largely eased.
Funding rates change—you only know how much they’ve changed if you keep track.
#ERA #UVXY #XTZ #Funding Rate
These are just my personal observations and do not constitute investment advice.
$ERA : Shorts were paying 0.34% at the time. The next day, shorts were still paying 0.21%, with little easing.
$UVXY: Shorts were paying 0.33% at the time. The next day, shorts were still paying 0.27%, with little easing.
$XTZ: Shorts were paying 0.41% at the time. The next day, shorts were still paying, but the rate had fallen to just 0.055%, and the pressure had largely eased.
Funding rates change—you only know how much they’ve changed if you keep track.
#ERA #UVXY #XTZ #Funding Rate
These are just my personal observations and do not constitute investment advice.