Highly negative funding fee? Here's how you can earn from it every hour.
So you came across a token which has highly negative Funding Fee and frequent Funding Rate.
If you decide to go short on it, You'll end up giving away your entire margin slowly but, if you go Long on it, the case is different however.
You might end up losing a trade but funding fee alone could make up for it.
Here's how you do it. Find a suitable entry to go long and enter with good SL and TP, Generally tokens with negative funding go in a straight line. not too harsh on longs and not on shorts. (Long and Short Squeezes might occur)
Now you can enjoy getting the fee every hour. Track the Funding percent every hour and take exit only if the Funding fee is reduced.
Trading such coins is highly risky and always dyor before trading in such pairs.
#trading #FundingRates #Fee #volatility #FutureTarding
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