UNITREE’s negative funding rate widens; a short-selling whale may face liquidation within just 2 days due solely to funding fees.
2026.08.19 15:07:05
According to monitoring by TradingBeats (formerly Hyperinsight), as of press time, UNITREE’s hourly funding rate stands at approximately -0.3544%, meaning shorts pay longs. A whale address (0xfe4), which booked unrealized profits from a top-buy position, has now opened a 10x-leveraged short worth around $728,000 at an average entry price of $125.04, with current unrealized gains of ~$58,000 and a liquidation price of ~$130.44. Since opening the position, the whale has paid ~$5,448 in total funding fees. If the current rate remains unchanged, its hourly funding cost will hit ~$2,579, translating to ~$60,000 per day. After deducting already paid funding fees, the unrealized gain from the current price is ~$55,000, which could be entirely eroded by funding fees in less than a day. In a static scenario, the position may gradually enter liquidation territory solely due to ongoing funding fee payments. On-chain perpetual and address analysis tool TradingBeats is now live, enabling real-time access to Hyperliquid data, tracing whale operations from addresses, and delivering in-depth, comprehensive insights.
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