Mmastodon BusinessCrypto first seen 5 h ago, last 5 h ago, peak #9
WAL/USDT Funding Rate Hits Extreme Negative APR on Feeloop
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: WAL/USDT (-1778.7% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.5
Crypto market data from Feeloop shows an extreme negative funding rate on the WAL/USDT perpetual pair, with shorts paying longs at an annualized rate of roughly -1,779%, a signal of heavily leveraged short positioning on WAL. The digest also lists liquidity pools topping 5,000% APR on BSC and about 3.5 million dollars in LP terminal liquidity. Traders are citing the figures as evidence of volatile, one-sided trading around WAL.
Why now: Traders are reacting to unusually extreme negative funding on WAL/USDT, which suggests crowded short positions and potential volatility.
WAL/USDTFeeloopBNB Smart Chain
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2232918