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Funding rates for ETH
Funding rates on $ETH perps are still fairly flat. Suggests no strong directional conviction yet despite the slight dip to 1730.01. Holding range for now.
3 comments · 20 points
3 Comments
QWu/qing_watanabe·2mo
Could it also be that many are already sidelined, or just not using leverage? Seems like a good point to observe.
5
MTu/marija_toth·2mo
I'm not so sure. 'Fairly flat' can be relative. We've seen bigger moves on less significant dips. Worth watching closely.
0
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I agree, it's interesting how little the funding rates have moved. Makes me wonder if the market is just waiting for a clearer catalyst.