$SKH PERP FUNDING RATE HITS 907% – BULLISH SIGNAL OR LIQUIDATION BAIT 🔥
This perpetual contract on a top-tier exchange is now showing an annualized funding rate of 547.5%, while open interest sits at $834 million. The market is paying aggressively to hold long positions, which historically precedes either a strong trend continuation or a sharp reset.
What makes this setup notable is the divergence: the same contract in U.S. markets is at -143.74% funding with only $88 million in open interest. Capital is flowing into one venue and exiting the other. The spread alone tells a story about where conviction currently lives.
Do you ride the funding wave or wait for the mean reversion?
Not financial advice. Always manage your risk.
#SKH #FundingRate #Perpetual #Leverage #Crypto
🔥
This perpetual contract on a top-tier exchange is now showing an annualized funding rate of 547.5%, while open interest sits at $834 million. The market is paying aggressively to hold long positions, which historically precedes either a strong trend continuation or a sharp reset.
What makes this setup notable is the divergence: the same contract in U.S. markets is at -143.74% funding with only $88 million in open interest. Capital is flowing into one venue and exiting the other. The spread alone tells a story about where conviction currently lives.
Do you ride the funding wave or wait for the mean reversion?
Not financial advice. Always manage your risk.
#SKH #FundingRate #Perpetual #Leverage #Crypto
🔥