Let's take another look at a few coins we discussed a couple of days ago:
$ERA : Shorts were paying 0.10% at the time. The next day, shorts were still paying, at 0.095%—not much of a letup.
$ONE : Shorts were paying 0.26% at the time. The next day, they were still paying, but it was down to just 0.045%; the pressure had mostly eased.
$PRL: Shorts were paying 0.23% at the time. The next day, they were still paying, but it was down to just 0.076%; the pressure had mostly eased.
What I care more about is which rates are still holding up.
#ERA #ONE #PRL #Funding Rate
Personal market notes; not financial advice.
$ERA : Shorts were paying 0.10% at the time. The next day, shorts were still paying, at 0.095%—not much of a letup.
$ONE : Shorts were paying 0.26% at the time. The next day, they were still paying, but it was down to just 0.045%; the pressure had mostly eased.
$PRL: Shorts were paying 0.23% at the time. The next day, they were still paying, but it was down to just 0.076%; the pressure had mostly eased.
What I care more about is which rates are still holding up.
#ERA #ONE #PRL #Funding Rate
Personal market notes; not financial advice.