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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
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.
Could it also be that many are already sidelined, or just not using leverage? Seems like a good point to observe.
I'm not so sure. 'Fairly flat' can be relative. We've seen bigger moves on less significant dips. Worth watching closely.
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.