$BTC is at 84,304 USDT, up 1.72% in 24h, and $ETH is at 2,476 USDT, up 1.22%. The Crypto Fear & Greed index reads 63. Per Cointelegraph, US stocks are heading higher after a SpaceX Q3 earnings beat. On the regulatory side, the OCC finalized GENIUS Act rules for stablecoin issuers and custody, and the UK financial watchdog opened consultations on DeFi guidance and crypto laws.
Macro calendar: no economic events are listed in today's data.
Derivatives snapshot: $BTC open interest is up 4.7% in 24h, 57% of accounts are long, and funding is +0.0025% per 8h. On a 10,000 USDT position, that is about 0.74 USDT to hold for 24h. $ETH funding is +0.0032% per 8h.
Practical tip: costs add up from three places, funding, taker fees and leverage. Futures taker fees at major venues range from 0.04% to 0.06%, so a 10,000 USDT position pays 4 to 6 USDT per side. Check the funding rate before holding overnight, and set your liquidation price before you enter. Never share API keys or seed phrases with anyone.
— BasisBack Research · not financial advice
Macro calendar: no economic events are listed in today's data.
Derivatives snapshot: $BTC open interest is up 4.7% in 24h, 57% of accounts are long, and funding is +0.0025% per 8h. On a 10,000 USDT position, that is about 0.74 USDT to hold for 24h. $ETH funding is +0.0032% per 8h.
Practical tip: costs add up from three places, funding, taker fees and leverage. Futures taker fees at major venues range from 0.04% to 0.06%, so a 10,000 USDT position pays 4 to 6 USDT per side. Check the funding rate before holding overnight, and set your liquidation price before you enter. Never share API keys or seed phrases with anyone.
— BasisBack Research · not financial advice