Bitcoin Funding Rate Triples to 10%
Bitcoin’s perpetual futures funding rate reportedly jumped from ~3% to ~10% since September 30, while open interest increased by about 27,000 BTC to ~653,000 BTC ($56.2B). BTC also moved from roughly $83,500 to $86,500 over the same period. �
Binance +1#BitcoinFundingRateTriplesTo10%
Bitcoin’s perpetual futures funding rate reportedly jumped from ~3% to ~10% since September 30, while open interest increased by about 27,000 BTC to ~653,000 BTC ($56.2B). BTC also moved from roughly $83,500 to $86,500 over the same period. �
Binance +1#BitcoinFundingRateTriplesTo10%