Words
53
Reading
1 min
Listen
Play
2M
This might be influenced by the frequent pumps seen with HIVE. On such days, the funding rate for long futures positions reaches 1–2% over an eight-hour period. Then, after a couple of days, everything returns to normal. Traders who hold a long futures position for many days pay huge interest on such days.
RE: No wonder most of the HIVE supply is sitting on exchanges, it is paying 20% APR