Use the cost basis calculator to see how unprofitable short is$SIREN: Let's say you short with 1000U of principal at 23:15 last night. The price is still 2.3U. Even if you haven't been liquidated, you now need to pay 677.76U of funding fees and 9.2U of round-trip transaction fees, for a total of 687U. I didn't do anything and didn't get liquidated, but my principal is only 313 USDT left.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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