Loracle's short position is holding at -75% without being liquidated; how aggressive must HyperLiquid's funding rate be?

HYPE-8.3%
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CoinNetwork
Crypto World News reports that well-known trader Loracle has reduced his short position of HYPE by 31,301.91 tokens in the HyperLiquid ecosystem, approximately worth $2,470,843.42.
The current position size is $53,505,959.89, with an average price of $45.51, and a current profit and loss of -$20,102,360.15 (-75.14%).
The current token price is $72.90, and the liquidation price is $119.74.
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