$CGPT #NewTraderTips DO NOT SHORT for new traders
Funding fee 2%
Cost (you bet): $100
Leverage: x30
Size: 30 * 100 = $3000
You will pay funding fee: 3000 * 2 / 100 = $60 every 4 hours
Too many shorts positions there, so the price would be risen but slowly, you will stay there too long, you will pay funding fee more.
It isn't worth to involve into this trading.
