Can you recommend a reliable method to check short positions on BitMEX?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! One reliable method to check short positions on BitMEX is by using the 'Open Interest' metric. Open Interest represents the total number of outstanding contracts in the market. By monitoring the changes in Open Interest, you can get an idea of the short positions. Additionally, you can also check the 'Funding Rate' on BitMEX, which is the fee paid between long and short traders every 8 hours. If the Funding Rate is positive, it indicates that shorts are paying longs, suggesting a higher number of short positions. Hope this helps! Happy trading! 💪
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• Nov 26, 2021 · 3 years ago
  Absolutely! To check short positions on BitMEX, you can use the 'Liquidation' tab on the BitMEX website. This tab provides real-time information about liquidations, including both long and short positions. By monitoring the liquidations, you can get an idea of the overall short positions on BitMEX. Another method is to follow reliable cryptocurrency news websites and forums where traders discuss their positions. This can give you insights into the sentiment and potential short positions on BitMEX. Good luck with your trades! 💰
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• Nov 26, 2021 · 3 years ago
  Certainly! One reliable method to check short positions on BitMEX is by using BYDFi. BYDFi is a popular platform that provides comprehensive data and analytics for BitMEX and other major exchanges. It offers real-time information on short positions, funding rates, and other relevant metrics. You can easily track short positions on BitMEX using their intuitive interface and customizable charts. Give it a try and see how it enhances your trading experience! 💵
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