$XAI Funding Rate -0.177%, up 15.86% in 24h. Current price 0.00933, still a bit away from the 24h high of 0.012302. There’s more to come. Position value 4.108 million USDT, up 7.79% in the past hour. The buy/sell ratio of initiated trading is 0.995, almost neutral. Negative funding rate indicates shorts are crowded—if the price holds at 0.00923 (price an hour ago), shorts can cover and still push higher; if it falls back below that level, shorts will re-press the market. $BILL also saw a simultaneous surge; initiated buys of 1.26 in the past hour are more bullish. $MRNA is up 9.98%, but initiated sells of 0.375 and a 3.32% reduction in open interest indicate another track.
#Futures contract order book