Price and open interest are rising, first hitting $Q , with the price at 0.1207 USDT. Binance Futures open interest is up 18.2% over 4 hours, with an open interest value of about $39.3 million; perpetual open interest currently stands at about 324,197,557 coins, with a notional value of roughly $39.12 million. I read this as new positions coming in, rather than the price being lifted solely by short covering.
The funding rate is 0.0050%, settled every 4 hours. Longs are paying, but only slightly, so it’s not as if longs are already overcrowded. The account long/short ratio is 0.48, with accounts clearly skewed short; the top trader long/short ratio by position is 0.95, meaning positions are almost balanced, with only a slight short bias. So I lean toward shorts being more crowded on the account side, while both price and open interest are moving up, and top traders aren’t overwhelmingly positioned long.
Liquidations visible over the past 24 hours are about $4.76 million, which is not insignificant relative to this level of open interest. I’ll keep watching only whether 0.1207 holds and whether the account long/short ratio moves away from 0.48.
#资金费率 #持仓量
The funding rate is 0.0050%, settled every 4 hours. Longs are paying, but only slightly, so it’s not as if longs are already overcrowded. The account long/short ratio is 0.48, with accounts clearly skewed short; the top trader long/short ratio by position is 0.95, meaning positions are almost balanced, with only a slight short bias. So I lean toward shorts being more crowded on the account side, while both price and open interest are moving up, and top traders aren’t overwhelmingly positioned long.
Liquidations visible over the past 24 hours are about $4.76 million, which is not insignificant relative to this level of open interest. I’ll keep watching only whether 0.1207 holds and whether the account long/short ratio moves away from 0.48.
#资金费率 #持仓量