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Funding rate heatmap for crypto perpetual swap (CoinGlass) Funding rate heatmap for crypto perpetual swap (CoinGlass)

Bitcoin (BTC) Price Tops $77K Record as Muted Funding Rates Suggest Crypto Rally Has More Room to Run

While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding rates for perpetual swaps on crypto exchanges are much closer to neutral levels than the market top in early March, CoinGlass data shows. Funding rate refers to the amount long traders pay shorts to take the opposite side of a trade. When funding rates are negative, shorts pay the fee to longs, as this relationship often occurs during bearish periods.

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Krisztian Sandor

https://www.coindesk.com/markets/2024/11/08/bitcoin-hits-another-milestone-topping-77k-for-first-time-funding-rates-suggest-crypto-rally-can-keep-going/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-11-08 21:00:51

bitcoin
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bitget-token
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uniswap
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litecoin
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hyperliquid
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wrapped-eeth
Wrapped eETH (WEETH) $ 3,422.94 0.50%
near
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USDS (USDS) $ 1.00 0.10%
ethena-usde
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internet-computer
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aave
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mantle
Mantle (MNT) $ 1.17 0.23%
crypto-com-chain
Cronos (CRO) $ 0.143112 2.49%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.454045 0.49%
ethereum-classic
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mantra-dao
MANTRA (OM) $ 3.89 0.49%
render-token
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bittensor
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fetch-ai
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dai
Dai (DAI) $ 1.00 0.01%
tokenize-xchange
Tokenize Xchange (TKX) $ 41.38 2.46%
filecoin
Filecoin (FIL) $ 5.16 1.60%
arbitrum
Arbitrum (ARB) $ 0.738054 0.86%
bitcoin
Bitcoin (BTC) $ 94,192.24 0.20%
ethereum
Ethereum (ETH) $ 3,239.30 0.58%
tether
Tether (USDT) $ 0.99999 0.02%
xrp
XRP (XRP) $ 2.33 1.84%
bnb
BNB (BNB) $ 693.06 0.28%
solana
Solana (SOL) $ 185.63 1.84%
dogecoin
Dogecoin (DOGE) $ 0.331126 1.22%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.9204 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,237.66 0.37%
tron
TRON (TRX) $ 0.242577 0.71%
sui
Sui (SUI) $ 5.02 3.50%
avalanche-2
Avalanche (AVAX) $ 36.30 1.83%
the-open-network
Toncoin (TON) $ 5.39 3.24%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,855.39 0.66%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 0.58%
chainlink
Chainlink (LINK) $ 19.99 0.34%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,082.21 0.32%
stellar
Stellar (XLM) $ 0.405062 2.34%
hedera-hashgraph
Hedera (HBAR) $ 0.276861 1.78%
polkadot
Polkadot (DOT) $ 6.65 0.46%
weth
WETH (WETH) $ 3,238.12 0.46%
bitcoin-cash
Bitcoin Cash (BCH) $ 440.49 2.86%
leo-token
LEO Token (LEO) $ 9.36 2.86%
bitget-token
Bitget Token (BGB) $ 6.96 5.97%
uniswap
Uniswap (UNI) $ 13.67 2.88%
litecoin
Litecoin (LTC) $ 103.61 0.27%
pepe
Pepe (PEPE) $ 0.000018 2.07%
hyperliquid
Hyperliquid (HYPE) $ 19.74 5.93%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,422.94 0.50%
near
NEAR Protocol (NEAR) $ 5.05 0.17%
usds
USDS (USDS) $ 1.00 0.10%
ethena-usde
Ethena USDe (USDE) $ 0.999654 0.07%
aptos
Aptos (APT) $ 8.92 2.03%
internet-computer
Internet Computer (ICP) $ 10.21 1.58%
aave
Aave (AAVE) $ 281.96 1.62%
mantle
Mantle (MNT) $ 1.17 0.23%
crypto-com-chain
Cronos (CRO) $ 0.143112 2.49%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.454045 0.49%
ethereum-classic
Ethereum Classic (ETC) $ 25.42 0.79%
mantra-dao
MANTRA (OM) $ 3.89 0.49%
render-token
Render (RENDER) $ 7.13 3.24%
monero
Monero (XMR) $ 195.69 1.20%
vechain
VeChain (VET) $ 0.044581 0.03%
bittensor
Bittensor (TAO) $ 432.76 0.00%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33 0.88%
dai
Dai (DAI) $ 1.00 0.01%
tokenize-xchange
Tokenize Xchange (TKX) $ 41.38 2.46%
filecoin
Filecoin (FIL) $ 5.16 1.60%
arbitrum
Arbitrum (ARB) $ 0.738054 0.86%