MEGA: longs are crowded; funding is 83% annualized vs. a 7-day normal of 11%
Funding paid by longs is 7.6× its 7-day average, showing too many long positions and making it more likely that price will pull back.
Extreme funding: 65% of the last 204 beat the market after 24h ·All signal types →
Why short: funding is unusually high, showing longs are overcrowded and price is more likely to pull back. 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 +0.0012%, deviation 32.8σ.
7-day funding trend
Hourly settlementsOver 7 days and 168 settlements, longs paid shorts 167 times and shorts paid longs 1 times; the settled low was −0.0009% and high was +0.0039%.
This rate is above every settlement in this period.
Tracked whales on MEGA
Tracked pool · 12 current addressesLargest Short position: $800.47K, unrealized PnL −$41.07K; at the current rate, funding affects it by about +$17 per hour.
Signals cover 1546 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.