WIF is up a little over 2%. Binance’s funding rate is positive, while OKX is paying out—the same coin, but the rates on the two exchanges have opposite signs.
At the moment, Binance’s funding rate is about +0.0036% (positive, roughly 3.6 per ten thousand), while OKX’s is about -0.0025% (paying out roughly 2.5 per ten thousand). The price is around 0.1829 on Binance, up about 2.58%, and around 0.1829 on OKX, up about 2.35%—prices are aligned across the two exchanges. Open interest is about $11.96 million on Binance, $10.67 million on Bybit, and $4.08 million on OKX, with total open futures interest across the market at around $92.24 million. Prices are edging up, but one side is charging longs while the other is paying shorts; sentiment is not aligned.
Will the side that's positive at 3.6 per 10,000 turn negative first, or will the OKX side turn positive first?
View in real time: https://www.coinboss.com/currencies/WIF