$SKDD funding rate has remained around zero over the past 24 hours. The price rose 3.18% to 8.1, with trading volume of 1.04 million and open interest of 75,800.
This doesn’t count as bullish frenzy. A funding rate at zero means neither side—longs nor shorts—is paying the other, so market disagreement is limited. The price is rising steadily but hasn’t triggered new long crowding; this is a typical sign of a liquidity vacuum period.
The other side is: if the price keeps climbing and breaks above 8.5 but the funding rate is still zero, it could instead allow hidden long costs to accumulate. Looking one level deeper, a funding rate that stays flat for a long time reduces the interest of arbitrage capital, and open interest growth may slow down.
Trading tag: #TradFi #链上美股 #SKDD
Where do you think this assessment is most likely to be wrong?
This doesn’t count as bullish frenzy. A funding rate at zero means neither side—longs nor shorts—is paying the other, so market disagreement is limited. The price is rising steadily but hasn’t triggered new long crowding; this is a typical sign of a liquidity vacuum period.
The other side is: if the price keeps climbing and breaks above 8.5 but the funding rate is still zero, it could instead allow hidden long costs to accumulate. Looking one level deeper, a funding rate that stays flat for a long time reduces the interest of arbitrage capital, and open interest growth may slow down.
Trading tag: #TradFi #链上美股 #SKDD
Where do you think this assessment is most likely to be wrong?