Price is moving up, but it’s the shorts who are paying. $UNITREE Binance perpetual funding rate has hit -0.1834%, settled every 4 hours. Shorts are crowded on this side, so continuing to short means paying the funding rate.
Mark price: 63.7729 USDT; current price: 63.71, up 4.96% in 24 hours. There are about 239 minutes until the next settlement, and 24-hour trading volume is $26.82 million. I’d rather watch whether this negative rate persists through several settlement rounds than follow the direction of this move; the holding cost is already reflected in the funding rate, while slower-moving factors like supply, revenue, and usage aren’t captured by today’s figures.
#资金费率 #合约数据
Mark price: 63.7729 USDT; current price: 63.71, up 4.96% in 24 hours. There are about 239 minutes until the next settlement, and 24-hour trading volume is $26.82 million. I’d rather watch whether this negative rate persists through several settlement rounds than follow the direction of this move; the holding cost is already reflected in the funding rate, while slower-moving factors like supply, revenue, and usage aren’t captured by today’s figures.
#资金费率 #合约数据