These past two days, everyone in the group chat has been arguing about whether the extreme funding rate will reverse or whether it will keep squeezing the bubble. I stared at it for a while before I finally reacted… maybe I’m really a bit slow. Instead, I’m more concerned with another small thing: why does on-chain data sometimes “freeze” for a moment, and the page just keeps spinning?

To put it simply, a lot of the data isn’t read directly from the chain “instantly”; in the middle, it has to go through an indexing component / subgraph type of organizer—an arranger that first sorts a pile of messy events into categories before you can look them up. If it’s still syncing, or if the node is acting up, it will cause delays. On top of that, everyone uses the same few RPC providers, so when the rush hits, rate limiting kicks in: it may just slow things down a bit, or it may outright throw errors. If I occasionally see the data suddenly jump, I now just wait silently for a few seconds first—don’t rush to draw conclusions… let’s just leave it at that.