News list for " funding rate"
Funding rates for perpetual swaps have surged to more than 10 per cent and even 20 per cent on mainstream exchanges, according to data released by IntoTheBlock. Such high costs are a sign of growing bullish sentiment among traders. While still below the peak of Quarter 1, continued demand at this level could suggest speculative overheating.
The latest report from Matrixport shows that funding rates for Ethereum perpetual futures have surged to an annualized 18%, the highest level since May 2024. This shows that market sentiment is shifting, with traders aggressively long ETH ahead of the US Presidential Election. After the price of Ethereum fell back from $3,800 to $2,500, traders are now buying ETH at a more attractive price. Additionally, BlackRock CEO Larry Fink hinted that the blockchain role of Ethereum could be significantly ...
According to Coinglass data, the current mainstream CEX and DEX funding rates show that the market is still generally bearish. Taking BTC as an example, the current mainstream platform BTC USDT or USD contract trading pair funding rates are as follows: · Binance: -0.0032% · OKX: 0.0019% · dYdX: -0.0025% · bybit: 0.0097% · Vertex: -0.0024% · Bitget: -0.0041%
According to on-chain analyst Ali, in light of the latest funding rate performance, Toncoin (TON), Celestia (TIA), Fantom (FTM), and Ondo (ONDO) seem ready for a potential price rally.
Matrixport released a chart claiming that the volume of transactions in the Korean market is highly correlated with bitcoin funding rates, as Korean trading users have significant influence in the market. As trading volumes have declined, so have bitcoin's annualized funding rates. Recently, trading volumes have been below $1 billion for three consecutive days, which could signal a further decline in funding rates. However, with the Korean blockchain week approaching, the market active level and...
On August 5th news, Matrixport posted a chart on the X platform saying that the Bitcoin funding rate turned negative. August (and September) have traditionally been the months when Bitcoin fell, and this year seems to be no exception. Large fluctuations in Bitcoin futures positions drove the price up in May and July. However, with the funding rate now turning negative, the market is experiencing a downward trend. Although this is the case, the current position holdings are still as high as $17.8...
The main refinancing rate of the European Central Bank in the euro area until July 18 is 4.25%, expected to be 4.25%, and the previous value is 4.25%. Eurozone to July 18, the European Central Bank deposit mechanism interest rate of 3.75%, expected 3.75%, the previous value of 3.75%; The European Central Bank's marginal lending rate for the euro zone through July 18 was 4.5%, compared with expectations of 4.50% and the previous value of 4.50%. The European Central Bank said it does not commit to...
According to a graphic posted by Matrixport on the X platform, Bitcoin funding rates continue to decline, reflecting the waning optimism in the market environment. While funding rates and open interest have been correlated in the past, current open interest is still at a high level, which may lead to a short-term decline in the price and then a new record high.
Matrixport wrote that Bitcoin's average funding rate (annualised) has turned negative. This is a real challenge for investors looking to arbitrage with cryptocurrency hedge funds, but it also shows that futures traders are reluctant to deploy large amounts of new capital. One reason may be that futures traders have become uncertain about the upside of the current environment.
10x Research released an analysis article stating that the critical moment is coming. Bitcoin rallied from $60,000 to $67,500 in four days, almost reaching our bottom line. However, Bitcoin's rally occurred over four one-hour time periods and appeared to be driven by a few larger orders rather than gradual buying over four days. The real test is not our 68, 30...
On April 18, Matrixport said in its latest report that Bitcoin's funding rate continued to decline ahead of the upcoming halving event. The decrease in funding rates indicates that traders have been positioned squaring long positions, and the market is now in a relatively light position through the derivatives market.
According to Coinglass data, the AEVO/USDT contract funding rate is as low as -0.31%, which is the lowest funding rate for all network contracts.
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