$AUCTION
AUCTIONUSDT
Perp
4.991
+4.69%
🚨 AUCTION/USDT on futures is simply burning! +37.28% recently, but pay attention to funding: -2.00000000% (maximum negative limit) and less than 2 hours until payout!
Shorts are paying longs insane money — the annual rate is already -4380%! This means that holding a short is very expensive right now, while longs are raking in a fat plus every 4 hours.
Price ~6.91 USDT, order depth is normal, cross 30x, mode C.
If you are long — hold on, funding is on your side. If you are shorting — think twice, because -2% in 8 hours is terrible.
Risk is high, but the moment looks very interesting for longs. DYOR & don't full flat!