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guest8309898598 activity

guest8309898598 commented on what will happen after this funding rate count down reach zero?? it is positive right now, so is it good to have long open? or the contrary? when it s negative, better to short or long?

the count down is the time to charge the next fees for either longs (positive funding) or shorts (negative). funding rate itself is not an indicator for trade, but high positive means too many longs and high fees, if a bull trap, it's then time for a pullback to liq