2026-01-06 13:31:16

I took a big hit in $RIVER contract trading. The funding fee has been eating away at my profits, and during this period, I’ve paid over 1200 USDT just in fees. The worst part is, I was just about to break even when the market suddenly surged. Now my long positions can’t hold, and I’m on the verge of being liquidated.

I initially deposited 100,000 USDT for stable trading, but now I’ve lost more than half of it. The speed of this loss is truly outrageous — it’s like trying to tighten a screw until it smokes and still can’t catch up. Contract trading is like that: if you don’t get the direction right, plus the continuous drain from funding fees, losses can come very quickly. Now I’m just hoping for a market pullback, or else I’ll really get liquidated.

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0xTherapist

· 01-06 14:01

This is the true face of the contract; funding fees are the real bloodsuckers. --- 100,000 loss down to 50,000, this speed is incredible, it feels like money is being sucked into a black hole. --- The market rally can't support long positions, and then you have to cut your losses, always being caught in the trap. --- A fee rate of 1200U directly kills your profits, this is the most heartbreaking part of the contract. --- The liquidation sword hangs over your head, and the discomfort is self-evident. --- A pullback is a luxury; you should have stopped the loss earlier, brother. --- Funding fees are like an invisible harvesting machine, constantly buzzing. --- Both longs and shorts feel off, and that's what hurts the most. --- RIVER almost blew up the account, truly ruthless. --- If you took the wrong direction and added the fee rate, then just wait to be eaten away.

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GasDevourer

· 01-06 13:58

Damn, the funding fee is really an unbeatable money-grabbing machine One thought can make you a Buddha, one thought can make you a demon, that's how contracts work 100,000 directly half health, this speed is ridiculously fast Stop praying, buddy, the market never listens to advice

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GateUser-64daf669

· 01-06 13:50

Hey Gege, next time transfer the money to me, I can pay half back to you, transfer money to Beat and he'll squeeze you dry 😂

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ChainChef

· 01-06 13:47

yo, this is what happens when you let the funding fees simmer too long without tasting the broth... 1200 down the drain just on fees? that's not a recipe, that's a disaster kitchen ngl. the leverage game always burns something in the end, and rip that 100k getting half-baked like this

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PositionPhobia

· 01-06 13:43

Contracts are like this, the fee rate is playing a game of cat and mouse with you. When the market moves in the opposite direction, it's over; the funding fee can wipe out your account. This wave is really risky, even praying requires overtime. Turning 100,000 into below 50,000, how strong must your mentality be? Is RIVER this thing a trap or not? Why is it so easy to lose? If the long position can't hold, it means the direction is wrong—should you cut or hold firm? Watching the liquidation line approach, it really feels hopeless. Actually, the hardest part of contracts is the fee rate; the market is easier to handle. It's recommended to reduce your position quickly, don't wait until a real liquidation happens. We lost this round, brother, learn a lesson next time.

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