#OKX funding rates are high.#
Hot Topic Overview
Overview
Recently, OKX exchange has seen high funding rates, such as 1.02% for TRUMP/USDT perpetual contract and 0.03% for ETH/USD perpetual contract. This indicates a strong bullish sentiment in the market, where longs need to pay funding fees to shorts. Funding rate is a key mechanism for perpetual contracts to anchor the spot price, balancing market sentiment through funding fee payments from both longs and shorts. Currently, AICoin platform has launched a "Funding Rate" leaderboard to help users easily identify arbitrage opportunities.
Ace Hot Topic Analysis
Analysis
The funding rates for TRUMP/USDT and ETH/USD perpetual contracts on the OKX platform have been at a high level recently, reaching 1.02% and 0.03% respectively. This means that longs need to pay funding fees to shorts. This indicates a strong bullish sentiment for these two assets. The funding rate is a crucial mechanism for perpetual contracts to anchor spot prices, balancing bullish and bearish 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. AICoin platform has launched a "Funding Rate" list, allowing users to easily identify arbitrage opportunities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
OKX platform's funding rate is high, reflecting a strong bullish sentiment in the market.
Funding rate is an important mechanism for perpetual contracts to anchor spot prices, used to balance the sentiment of longs and shorts.
When the funding rate > 0, longs pay funding fees to shorts; when the funding rate < 0, shorts pay funding fees to longs.
AICoin platform has launched a "funding rate" leaderboard, making it easy for users to see the arbitrage opportunities of funding rates.