APT is down about 2%, and Binance’s funding rate is around -0.000030—effectively paying longs. OKX and Bybit are both around 0.0001, charging longs instead. The rates point in opposite directions.
Price comparison: APT is around 0.6836 on Binance (-2.049%) and 0.6846 on OKX (-2.018%). Open interest in Binance futures is about $18.67 million, compared with about $4.92 million on OKX and $20.29 million on Bybit.
Price edges lower, while funding rates split between rebates and charges—one exchange paying, two collecting. Which way is the money moving?
One side is paying out at around -0.000030, while the other charges 0.01% across the board. Would you follow the exchange paying traders, or steer clear of the one charging them?
View in real time: https://www.coinboss.com/currencies/APT