These days, everyone is watching the extreme funding rates and arguing whether it's a reversal or just a bubble being squeezed further.

I'm actually more concerned about the "price feed" from the oracle.
If the price feed is delayed, you might think you have some buffer, but in reality, on-chain liquidation depends on that snapshot: the price has already shot up, and your position is still calculated at the old price as safe, so when the update comes, you’re directly jumping off a cliff, and even quick margin top-ups are useless…
What’s more annoying is different sources with different rhythms, causing the spread to twist the liquidation line into a mess in an instant.
My biggest fear isn’t slowness, but chaos — slow at least can be anticipated, but chaos means you don’t even know who the system will trust in the next second.
Anyway, before I leverage up now, I first check the feed frequency/tolerance, so I don’t gamble my position on “it should update promptly.”