ETH: shorts are crowded; funding is 66% annualized, though they usually don't pay
shorts do not usually pay funding; it is now at 66% annualized, showing too many short positions and making it more likely that price will rebound.
Extreme funding: 66% of the last 198 beat the market after 24h ·All signal types →
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Why long: funding is unusually high, showing shorts are overcrowded and price is more likely to rebound. Profit mainly comes from the price move, not funding: rates often flip within a day, and realized funding is only a small share. 7-day mean +0.0009%, deviation -15.6σ.
7-day funding trend
Hourly settlementsOver 7 days and 168 settlements, longs paid shorts 151 times and shorts paid longs 17 times; the settled low was −0.0036% and high was +0.0013%.
This rate is below every settlement in this period.
Tracked whales on ETH
Tracked pool · 70 current addressesLargest Short position: $239.23M, unrealized PnL +$7.95M; at the current rate, funding affects it by about −$14.56K per hour.
Signals cover 1609 whale wallets in the engine's tracked pool. Profiles use the Hyperliquid fills available to the engine. · Signals use the public Hyperliquid API. Nicknames describe trading style, not identity; profiles and tags are calculated from available fills.