$ORCA Traders Are Bleeding and Don’t Even Know It – Here’s Why Funding Fees Are Draining You!!
If you’re trading #ORCAUSDT , this is your wake-up call. The funding rate is deeply negative—over -10.84% APR, which means shorts are paying longs, not the other way around. But here’s the twist: despite shorts paying funding, the market remains heavy, with long/short ratios crashing, low taker buy volume, and a declining basis showing futures prices falling below the index. This means bearish sentiment is dominating, and even with shorts paying the fee, the price action favors downside.
In simple terms: the market is overloaded with longs trying to bottom-pick, but price action says otherwise. Funding fees alone don’t guarantee profit—if you're long and the market keeps dipping, your PnL still bleeds. Always track funding rate, volume, and basis before entering a position blindly.