
ØxstormzWraith
17 posts



He shorted the exact top of $RAVE but still ended in a loss, how does this happen? @meekdonald, a student I am actually proud of made a mistake I think a lot of people make and paid a massive price for it Although it’s sad, I have decided to use this avenue to help you all never fall for this error again First, what are funding rates? Funding rate is the price paid every few hours by traders to other traders to prevent the perpetual futures price from drifting away from the token spot price Think of it like a toll. If too many people are driving in one direction, they pay a fee. That fee goes directly to the people driving the other way So what exactly happened with $RAVE? $RAVE is the token for RaveDAO that was trading at 0.25 earlier this month, then the price ran to an all-time high of $19.54. That is a 6,000% gain in one week. Everyone will definitely start paying attention at this point The issue came when RAVE didn’t stop pumping, which meant the token accumulated so many shorts at the ATH that the funding rate flipped negative - Positive funding rate meant you get paid if you are on a short - Negative funding rate meant you get paid if you are on a long If you have being following, you’d realize the fee comes from the opposite team For Positive funding rate, the long gets to pay the shorts For Negative funding rates, the shorts gets to pay the longs @meekdonald who was lucky enough to short very close to the ATH, did so when the funding rate was at -2% I’d explain 👇🏾 With a leverage of 100x, an $100 position is valued at $10,000 and with a -2% funding rate, he is to pay $200 every 8 hours which is more than his margin size With his first funding rate payment, he is already in a 200% loss which obviously continues. So what’s the way forward? Before you enter a token that is running wild, make sure you check the funding rate Most exchanges show it directly on the trading screen. Here is where to look: On the futures trading page: • Binance: top of the chart near the price, shows current rate and a countdown timer to next payment • Bybit: same, right next to the mark price • Hyperliquid: visible on the trading interface near your position • OKX: shown in the contract details section It usually looks something like this: Funding Rate: -1.37% | Next funding: 04:32:17 That countdown tells you exactly how long until the next payment gets taken or received. Third party sites if you want to compare across exchanges: • Coinglass - shows funding rates for the same token across all exchanges side by side The key things to check before entering a trade: 1) What is the current rate 2) How long until the next payment 3) Is it positive or negative 4) How long do you plan to hold versus how many payments that means If the rate was extreme like RAVE was, even checking it once before entering would have told you this trade has a very short survival window Now you know. Tell me thank you 😁🫵🏾

i somehow caught the top on $RAVE but at what cost😔

@DavidHundeyin @DD_Geopolitics @DavidHundeyin I hope you reply to this. Something that’s been on my mind is- If the election of BAT was largely sponsored by the west then why sabotage his government by their sick operations in the west and middle belt?

Are you a young graduate interested in international relations? Are you curious to learn more about work of a diplomatic mission and how the EU Delegation represents EU interests and values in Nigeria? EEAS eeas.europa.eu/delegations/ni…

Nigeria: On April 8, 2026, the Department of State authorized non-emergency U.S. government employees and U.S. government employee family members to leave U.S. Embassy Abuja due to the deteriorating security situation. The overall Travel Advisory for Nigeria is Level 3: Reconsider Travel. Some specific states are at Level 4: Do Not Travel. Read the full advisory: travel.state.gov/content/travel…








