GMT rose by more than 80% on the 2nd day, and the cost of short also rose
On December 28, according to Coinglass data, as GMT rose 86% in about 2 days, contrary to the normal situation (coin price rises, funding rate rises), the <short> cost also rose synchronously.
As of now, the data of the GMT contract market on Binance shows that the <short> funding rate yesterday and today was -0.8661% and -0.3806% respectively, meaning that the short side still needs to pay the funding fee to the long side today.
