$BERA ๐ฅ BERAUSDT funding right now is just out of this world!
+29.79% in 4 hours? ๐ฑ This is not a joke โ longs are paying shorts insane money because everyone jumped into long positions during the Berachain hype.
Current funding: -0.44332% (54:23 left until the next click)
This means that short positions are currently receiving โ0.44% every 8 hours (or even more frequently, depending on the exchange).
Look at the order book:
โข buy wall at 0.510โ0.521 is very strong (50โ100k+ BERA at these levels)
โข sell wall below 0.510 and lower โ a ton of volumes at 0.500โ0.505
The market is clearly overbought at the top, funding is heavily negative โ a classic situation where longs pay a lot for holding, while shorts earn passive income just sitting.
If funding remains like this for a couple more clicks โ many longs might start to close, as the funding costs will eat into profits faster than the price rises.
The question is only one:
Who will break โ longs from funding or shorts from the new pump? ๐๐ป
Are you in a long, a short, or just watching? Write in the comments ๐
#BERA #Berachain #Crypto #Perpetuals #FundingRate