Eyeing a short on $RIVER, but those hourly funding fees are pretty brutal right now. The cost is just eating into any potential gains. When the borrow rates spike like this, it kills the whole thesis—even if the technicals are screaming bearish. Wondering if other traders are facing the same friction, or if it's worth waiting for the fees to normalize before pulling the trigger.
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BlockchainRetirementHome
· 01-05 22:45
Let's wait for the fee rate to decrease. Currently, shorting $RIVER is not cost-effective; you're being eaten alive by funding fees.
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not_your_keys
· 01-03 01:56
The financing fee is so outrageous that shorting is pointless. It's better to wait and see.
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StableBoi
· 01-03 01:55
With such high financing fees, shorting also requires careful consideration. Feeling too greedy might backfire and get you trapped.
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BlindBoxVictim
· 01-03 01:54
Funding rate, this killer, no matter how good the bearish pattern looks, it's all useless. Truly disgusting.
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MerkleMaid
· 01-03 01:52
The financing fee is so outrageous, short positions will have to wait... Why is it so stuck?
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FreeRider
· 01-03 01:51
The fees are really high; even if you open a short position again, you'll still get drained...
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TrustMeBro
· 01-03 01:48
Borrowing interest is really outrageous. Even if the short position looks bullish again, you still have to cut losses. How can one make money like this?
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RuntimeError
· 01-03 01:47
Wait until the fee rate drops before taking action. Shorting now is just digging your own grave.
Eyeing a short on $RIVER, but those hourly funding fees are pretty brutal right now. The cost is just eating into any potential gains. When the borrow rates spike like this, it kills the whole thesis—even if the technicals are screaming bearish. Wondering if other traders are facing the same friction, or if it's worth waiting for the fees to normalize before pulling the trigger.