Thank you, great god for the explanation. I see that the fairy's fee is 2 percent, which is too terrifying.
老王Victor
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I got liquidated! Beginners, please stay away from AIA coins and first understand the funding rate.
$AIA The funding rate has reached -0.53%, and it is charged once every hour, which is indeed a very dangerous signal: for beginners, it feels more like a trap than an opportunity. 💸 Understanding the funding rate: the 'subsidy' and costs for short sellers First, let's correctly understand what the mentioned funding rate of ‘-0.53%’ means: · The negative funding rate indicates that short sellers (bearish) need to pay fees to long holders (bullish). · If you are on the short side, then for each settlement period, you need to pay a fee from your margin to the long side.
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