Traders looking to enter RIVER trades should be cautious. The funding rate issue for this coin is truly outrageous — the daily rate can start at 10%. Let me explain in detail.
When going long, the biggest fear is a sharp drop. Once the market reverses, the funding fee also bites back. What about shorting? At first glance, it seems profitable, but the high fees are like an invisible vampire, stealing your position every day. The funds in your account gradually shrink, and in the end, if the price drops by 60-70%, you still haven't caught a bargain.
To put it simply, regardless of long or short, this fee cost is always there. The main problem is that the fee structure of the trading counterparties is really unfriendly. If you want to make money, operating on this coin is very difficult. My advice is, there's no need to force your way in. The risks and rewards are simply not aligned.
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GasWhisperer
· 01-07 23:39
yo 10% daily funding rates? that's not a market inefficiency, that's a straight up liquidation buffet waiting to happen... mempool analysis tells me RIVER's fee structure is fundamentally broken tbh
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RooftopReserver
· 01-07 17:13
Daily fee of 10%? How crazy is that, it's basically a bloodsucking mechanism.
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LiquidatedNotStirred
· 01-07 03:46
Is it really a 10% daily rate? Who can handle that? The last time I encountered a coin like this, I was completely drained.
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EthMaximalist
· 01-07 03:46
10% daily fee rate? Ridiculous, just pass.
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BearMarketLightning
· 01-07 03:44
Daily fee of 10%? Isn't this just to cut the leeks? Forget it, I won't touch it anymore.
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GateUser-e19e9c10
· 01-07 03:36
Oh no, a 10% daily fee rate? That's just outright extortion.
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BoredWatcher
· 01-07 03:22
River's fee rate is really amazing, working for the exchange for free.
Traders looking to enter RIVER trades should be cautious. The funding rate issue for this coin is truly outrageous — the daily rate can start at 10%. Let me explain in detail.
When going long, the biggest fear is a sharp drop. Once the market reverses, the funding fee also bites back. What about shorting? At first glance, it seems profitable, but the high fees are like an invisible vampire, stealing your position every day. The funds in your account gradually shrink, and in the end, if the price drops by 60-70%, you still haven't caught a bargain.
To put it simply, regardless of long or short, this fee cost is always there. The main problem is that the fee structure of the trading counterparties is really unfriendly. If you want to make money, operating on this coin is very difficult. My advice is, there's no need to force your way in. The risks and rewards are simply not aligned.