Binance $GOOGLB perpetual funding rate has reached 0.0642%, settled every 8 hours, with about 130 minutes left until the next settlement. This is the number that would change my view: the current price is 284.14, and the mark price is 284.24 USDT, almost identical, yet the price has fallen 12.42% over 24 hours. The funding rate is still notably high, with longs crowded on one side and the cost of staying long rising. 24-hour trading volume is $1.118 billion, so it's not as if nobody is trading. The price is falling while funding remains expensive; for now, I wouldn't read this as bears having taken over. It looks more like the longs haven't cleared out yet. Over these 130 minutes, I'll just wait to see whether the funding rate eases on its own.
#资金费率 #合约