One of the useful parameters in the futures market that I try to monitor regularly is related to funding #FundingRates
We all know how unpleasant it can be to discover that after opening a short sale, the exchange has raised the commission fees to a maximum of 2%, and has also changed the withdrawal interval from 4 hours to 1.
This most often happens due to an imbalance between buyers and sellers during a sharp increase in the coin's price. This week, such a surprise was delivered by #RIVERUSDT 😭
Therefore, before opening a position, you can go to the futures tab, click on the coin name (top left), and in the opened list of available coins, sort them by funding from the most negative (shorts pay longs) to the most positive (longs pay shorts). Look at the screenshot if something is unclear.
Currently, the maximum funding for short sellers on the coin is #lptusdt (again, see the screenshot).
Maybe I'm stating the obvious now. But what if someone didn't know and hasn't used it ☺️
Делаю миллион из 500 usd - public account monitoring 🐾
