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詳情:https://www.gate.com/announcements/article/50291
End of March, COMEX silver deliveries are coming up, so prices are bound to be suppressed anyway. I can't figure out who's going long to push the funding rate to this ridiculous 0.07%/4h. Let's say I open a small 1000U position and hold it for just two days—that costs me 10U in funding fees alone. Good thing I got out in time. The moment I saw the funding rate spike, I knew a bunch of people were getting trapped trying to catch the bottom. If those speculative funds want to speculate, might as well let them get stuck for a bit.
Price pumped up 10% during the day today—probably baited a lot of people into firing off their bullets. It was basically zero funding rate before, and now this. Unbelievable.