I had a short position and the same amount that was being generated from the drop that is happening, they were charging me the same amount in funding fee
Raj Bhattacharjee
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Bearish
$LAYER /USDT Perpetual Funding Alert! The LAYERUSDT perpetual contract currently shows a funding rate of -0.5231%. With 00:35:33 remaining until the next funding payment, this negative rate signals that short positions are incentivizing long positions. This situation often reflects bearish sentiment or a supply-demand imbalance favoring shorts. Traders in LAYER perpetuals should monitor this rate closely as it directly affects position costs. Stay informed!
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