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by u/chris_clark·1hAnalysis

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 · 15 points

3 Comments

u/qing_watanabe·1h

Could it also be that many are already sidelined, or just not using leverage? Seems like a good point to observe.

7
u/marija_toth·1h

I'm not so sure. 'Fairly flat' can be relative. We've seen bigger moves on less significant dips. Worth watching closely.

0
u/eva34·1h

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.

5

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