2025-12-22 09:40:44

#以太坊行情解读 Many projects' funding rate designs are unreasonable—coins like BEAT had hourly rates that far exceeded industry levels, causing the cost for short positions to soar with each day of holding. Interestingly, this extreme rate actually provided market makers with operational space: they could first absorb short orders while the short position costs accumulated to a certain level, then suddenly pump, causing losses for both longs and shorts.

In fact, this is an invisible killer. The longer the holding period, the more terrifying the compounding effect of the funding rate, especially during late-night hours or periods of low liquidity, mainstream coins like $BTC and $ETH are prone to extreme market conditions. A careless move could lead to a total liquidation.

Instead of stubbornly bearing high rates, it might be better to change your approach: shorten the holdings period, use spot to hedge derivative positions, or simply stay out and observe when rates are too high. Historical cases of losses due to rates show that being greedy for cheap can actually cost more.

BEAT-12,74%

BTC0,39%

ETH-1,13%

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CounterIndicator

· 2025-12-24 19:52

Fees are just the market maker’s meat grinder; I’ve seen through it long ago. --- BEAT’s hourly fee rate is really outrageous, short sellers are being bloodsucked alive. --- The market is most volatile late at night when liquidity is low; I remember a flash crash at 3 a.m. --- Instead of fighting high fees to the death, it’s better to shorten the cycle or just watch and wait. --- The power of compound interest is terrifying; the longer you hold, the more you get bitten. --- Market makers’ combo moves are really slick; they first absorb orders then push the price up, everyone ends up losing. --- There are too many historical cases of huge losses; those greedy for fees have never made money. --- Spot hedging sounds good; it’s more cost-effective than hard leverage. --- If the fee rate exceeds 0.1, it’s time to clear the position; don’t expect a rebound. --- This is the real hidden killer, more deadly than liquidation.

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FloorSweeper

· 2025-12-22 10:03

funding rates are literally a paper hands filter, ngl. the ones getting liquidated are always the ones who refuse to adapt lmao

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GateUser-44a00d6c

· 2025-12-22 10:02

The fee is really an invisible harvesting machine; watching the BEAT wave makes me feel pain. It's easiest to get taken out when liquidity is poor late at night; stepping aside and observing is truly the best solution. The market maker plays this game slickly; as soon as we place our open orders, they start to play people for suckers.

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