Data shows funding rates, or a fee paid by leverage traders to remain in a futures position, is an average of +0.01% on cryptocurrency exchange Binanc
Data shows funding rates, or a fee paid by leverage traders to remain in a futures position, is an average of +0.01% on cryptocurrency exchange Binance, which has the highest open interest among counterparts, and a similar fee on Bybit. Rates on OKX are fluctuating between -0.04% and +0.02%. Positive rates imply leverage is skewed on the bullish side.
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