$SLX Under emphasis, a negative funding rate means encouraging people to go long, then a sharp drop liquidates the long positions. All coins are like this. Be cautious if going long.

SLX0.33%
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OwnFlight
· 06-30 23:52
The market maker is going long and has already feasted on the short-squeeze funding fees.
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GateUser-0cb89576
· 06-30 16:28
This shameless one, the funding rate is once an hour now.
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GateUser-19f0eda4
· 06-30 16:07
Crazy surge
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sksjsnsns
· 06-30 15:19
It should still drop a bit and then pump back up a few times. Only then will it start falling continuously... gua enabled -2 funding fees, and then the spot price was higher than the futures contract price by a margin. It took 5-6 hours before it started to drop continuously; that day, gua fell from 1.4U to 0.2U.
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