Bitcoin funding rates are positive on one platform and negative on another. Don't misread the costs across platforms.
Binance's funding rate is +0.000632%, with longs paying shorts; OKX's is -0.001344%, with shorts paying longs. Settled every 8 hours, the annualized rates are approximately 0.69% and -1.47%, respectively. Holding costs for the same asset have already diverged.
This isn't a one-sided signal. Before opening a position, check the platform you're using—don't apply another platform's direction here.
$BTC
Would you choose the side with lower costs, or wait until the directions align?
View in real time: https://www.coinboss.com/funding-rate