2026-01-03 03:26:53

I recently had a setback trading on the RIVER contract. I placed an order at a high level, thinking there would be a rebound, but it turned out to be the exact opposite. The most painful part wasn't the price crashing, but the funding rate. Over three days, the fee alone deducted -4.1407 USDT and -9.6169 USDT, totaling -13.7576 USDT. That's not all; I was gradually eaten up by additional charges afterward. I invested a total of $33, and now it's almost gone. Breaking down the entire process, holding a position at a high level with a persistent negative funding rate was like pouring gasoline on a fire. This lesson was costly, but I finally understood one thing — going long at a high level and facing a reverse funding rate is like competing with the market for money; losing money is just a matter of time.

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FOMOSapien

· 16h ago

Going long at a high level is essentially gambling against the market makers, and the fee rate is the real profit cutter. --- Lost $33, this round's tuition is indeed expensive, but it's better than continuing to lose money. --- Negative fee position is a trap, so why are people still jumping in? --- The rebound expectation failed, and the reverse fee rate continues to deduct. Honestly, this feeling is the worst. --- I've also fallen into the RIVER trap. Now I stay far away from going long at high levels, really. --- Paying a fee rate of over $13 is more frustrating than being liquidated directly, I’m not joking. --- Taking orders at a high level with a negative fee rate is like adding leverage to yourself and inviting trouble. --- That's why I now only do reverse orders; at least the fee rate won't cut against me. --- Spending $33 is like buying a wake-up pill, it's worth it, better than being liquidated. --- The dual attack of fee rate and price, no wonder so many people go bankrupt.

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AirdropworkerZhang

· 16h ago

Taking orders at a high level, to put it simply, is betting on a rebound, but as soon as the reverse fee rate appears, it’s all over. The most insidious thing about contracts is the fee rate; the price may not crush you immediately, but the fee rate slowly wears you down. This round of tuition was well spent; at least I understood the risks of holding positions at high levels. $33 is nothing; what's more important is understanding the mechanism, which is what makes it valuable. Next time, don’t be greedy at high levels; I wouldn’t even dare to do positive fee rates, and I’d just go flat on negative ones.

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SmartContractRebel

· 16h ago

Still daring to hold negative fees when going long at high levels, this guy is really playing contracts like Yu'e Bao, the market is moving too fast for the money.

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CryptoSurvivor

· 16h ago

Holding long positions at high levels and stubbornly resisting, this is not tuition but a tax on intelligence, brother. --- The fee rate really can grind people to death, I've seen too many cases. --- You should have cut losses when the reverse fee rate appeared; those who gamble on rebounds always end up like this. --- Losing $33 is actually okay; realizing this is valuable. --- Every time I explain clearly, but next time I do the same, that’s the most genuine. --- RIVER’s contract fee rate is indeed fierce; holding positions at high levels is just nurturing the market maker. --- Tuition? I think this is just the beginning of paying the IQ tax, haha. --- Contracts are like this; trying to make quick money often results in the fastest losses. --- The fee rate slowly eats away, and the principal is gone overnight. I’ve seen this show too many times.

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