#OKX Funding Rate Rises#
Hot Topic Overview
Overview
Recently, funding rates on the OKX exchange have shown an upward trend. For example, the funding rates for TRUMP/USDT and ETH/USD perpetual contracts have reached 1.02% and 0.03%, respectively, both of which represent longs paying funding fees to shorts. This indicates a strong bullish sentiment in the market for these two cryptocurrencies, as investors generally expect prices to continue rising. Funding rates are an important mechanism for perpetual contracts to anchor spot prices, balancing long and short positions. Positive and negative values represent longs and shorts paying funding fees, respectively. AICoin platform has launched a "Funding Rate" ranking to make it easier for users to identify funding rate arbitrage opportunities.
Ace Hot Topic Analysis
Analysis
The funding rates for TRUMP and ETH perpetual contracts on the OKX platform have recently shown an upward trend, reaching 1.02% and 0.03% respectively. This indicates a strong bullish sentiment towards these two cryptocurrencies. Funding rates are a key mechanism in perpetual contracts to anchor them to spot prices and balance bullish and bearish sentiment. When the funding rate is greater than 0, longs need to pay funding fees to shorts, and vice versa. The current upward trend in funding rates on the OKX platform suggests that more investors are optimistic about the future prospects of TRUMP and ETH and are willing to pay higher funding fees to hold these coins. AICoin platform has launched a "Funding Rate" leaderboard to help users easily identify arbitrage opportunities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
OKX platform's funding rate is rising, indicating a higher bullish sentiment in the market.
Funding rate is a key 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; when funding rate < 0, shorts pay funding fees to longs.
AICoin platform has launched a "funding rate" ranking list, allowing users to easily identify arbitrage opportunities.