$BTC traded near 81,180 USDT, down 0.51% over 24 hours, with open interest up 0.6% and 63% of accounts positioned long. $ETH sat near 2,391 USDT, down 1.27%. Perpetual funding on $BTC is running at +0.0037% per 8 hours, meaning longs are paying shorts to hold positions open. The Crypto Fear & Greed index reads 55, a neutral reading.
On the macro side, US CPI, Core CPI, PPI, Core PPI and retail sales data already printed earlier this week, and markets have been digesting that alongside a broader pullback in AI-related equities.
Practical tip: funding is charged every 8 hours regardless of whether your trade moves in your favor. On a 10,000 USDT position, the current $BTC funding rate alone adds up to roughly 1.12 USDT over 24 hours — before any trading fees. Factor funding into your real cost, especially on positions held for multiple days, and keep leverage sized to what you can hold through normal volatility.
— BasisBack Research · not financial advice
On the macro side, US CPI, Core CPI, PPI, Core PPI and retail sales data already printed earlier this week, and markets have been digesting that alongside a broader pullback in AI-related equities.
Practical tip: funding is charged every 8 hours regardless of whether your trade moves in your favor. On a 10,000 USDT position, the current $BTC funding rate alone adds up to roughly 1.12 USDT over 24 hours — before any trading fees. Factor funding into your real cost, especially on positions held for multiple days, and keep leverage sized to what you can hold through normal volatility.
— BasisBack Research · not financial advice