$BMT Funding rate: -1.657%. This isn't a discount—it's a bill.
Short sellers now have to pay nearly 180% annualized to hold their positions, while open interest just jumped 5.7% and trading volume is 6.3 times the normal level.
Shorts are paying to stay in, and exposure is still climbing. That combination is a prelude to a short squeeze.
Short sellers now have to pay nearly 180% annualized to hold their positions, while open interest just jumped 5.7% and trading volume is 6.3 times the normal level.
Shorts are paying to stay in, and exposure is still climbing. That combination is a prelude to a short squeeze.