#OKX funding rates surge#
Hot Topic Overview
Overview
Recently, funding rates on the OKX exchange have shown an upward trend. For example, the funding rate for the TRUMP/USDT perpetual contract has reached 1.02%, and the funding rate for the ETH/USD perpetual contract has also reached 0.03%. A positive funding rate means that longs need to pay funding fees to shorts, indicating a strong bullish sentiment in the market. Funding rate is an important mechanism for perpetual contracts to anchor the spot price, used to balance bullish and bearish sentiments. AICoin platform has launched a "Funding Rate" leaderboard, making it easier for users to find fee arbitrage opportunities.
Ace Hot Topic Analysis
Analysis
Recently, funding rates on the OKX exchange have surged significantly. For example, the funding rate for the TRUMP/USDT perpetual contract has reached 1.02%, while the funding rate for the ETH/USD perpetual contract has also reached 0.03%. This indicates a strong bullish sentiment in the market, with longs needing to pay funding fees to shorts. Funding rates are an important mechanism for perpetual contracts to anchor spot prices, balancing long and short sentiment. When the funding rate is greater than 0, longs pay funding fees to shorts; when the funding rate is less than 0, shorts pay funding fees to longs. Currently, the rising funding rates on the OKX exchange reflect the market's optimistic outlook on future price movements, with longs willing to pay higher funding fees to maintain their positions. The AICoin platform has launched a "Funding Rate" leaderboard, making it easy for users to identify arbitrage opportunities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
OKX platform's funding rate has been rising recently, especially the funding rate of TRUMP and ETH perpetual contracts has exceeded 0.03%, indicating a high market bullish sentiment.
Funding rate is an important mechanism for perpetual contracts to anchor spot prices, used to balance bullish and bearish sentiment.
When funding rate > 0, longs pay funding fees to shorts, which means the market has a high bullish sentiment.
When funding rate < 0, shorts pay funding fees to longs, which means the market has a high bearish sentiment.