Love your intel and your chart. Keep up the good work and public service. But every time I look at your funding rate chart, i'm confused. Usually green means positive and red means negative. and the x-axis usually negative on the left and positive on the right. Is it something you created or is it a standard chart annotation?
Thanks for the update Benjamin. Curious to hear your thoughts on the difference in netflow between spot and derivative exchanges. Spot are mostly still negative while the derivatives are mostly positive and higher magnitude.
Theory about derivatives receiving more inflow is that it is being used as collateral. But also if you are referring to binance it could also be due to the other lending products they have. When you dont want to sell then savings/staking to earn some APY is your only other yield option.
Love your intel and your chart. Keep up the good work and public service. But every time I look at your funding rate chart, i'm confused. Usually green means positive and red means negative. and the x-axis usually negative on the left and positive on the right. Is it something you created or is it a standard chart annotation?
Good question. More red tends to indicate potential bear signs. While more green tends to creat bullish signs.
Bit weird, but try to make it intuitive with minimal thought.
We try to make it in such a way that if a reader quickly uses the chart without his glasses on, he can interpret it as green is good, red is bad
Gosh! Pablo has so many Bitcoins it's endless
Thank you. waiting everyday for new article!
Thanks for the update Benjamin. Curious to hear your thoughts on the difference in netflow between spot and derivative exchanges. Spot are mostly still negative while the derivatives are mostly positive and higher magnitude.
Theory about derivatives receiving more inflow is that it is being used as collateral. But also if you are referring to binance it could also be due to the other lending products they have. When you dont want to sell then savings/staking to earn some APY is your only other yield option.