The spot price is lower than the contract, and the funding rate is also negative. Can you explain this?

$PIPPIN Let me give you all this group of novices another lesson. The generation of fees is not determined by the number of long and short positions, but by the price difference between spot and contract. As long as the 🐶 operator has a high level of control, the fees will be maintained. The operator's goal is to kill both the bulls and the bears. Once there are no bears left, they will turn around and attack the bulls. Therefore, even if you are a greedy bull eating the fees, you must set a stop-loss price to avoid going to zero.