#OKX Funding Rate Increased#

Recently, the funding rate on the OKX exchange has surged. The funding rate for the TRUMP/USDT perpetual contract has reached 1.02%, while the funding rate for the ETH/USD perpetual contract has reached 0.03%. A positive funding rate indicates that longs need to pay funding fees to shorts, reflecting a strong bullish sentiment in the market. The funding rate is a crucial mechanism for perpetual contracts to anchor the spot price, balancing market sentiment through funding fees paid by both longs and shorts. When the funding rate is positive, it implies that bullish sentiment dominates the market, and longs are willing to pay funding fees to maintain their positions. Conversely, a negative funding rate indicates that bearish sentiment dominates the market. Therefore, the surge in the OKX funding rate suggests a strong bullish sentiment for assets like TRUMP and ETH. AICoin platform has also launched a "Funding Rate" ranking, making it easier for users to grasp funding rate arbitrage opportunities.