Funding rates for Bitcoin perpetual futures have spiked sharply in the past 24 hours, especially on USDT- and USD-margined contracts. The latest daily aggregated rate across exchanges reached 0.010885% on May 22, up from 0.007804% on May 21 and just 0.005429% on May 20. Both OI- and volume-weighted funding rates rose notably between May 21
The post BTC perpetual funding rates spike as open interest and longs surge with price appeared first on CryptoSlate. CryptoSlate Read More
About The Author
