Binance ARK funding rate reaches -1.00%, market sentiment is high

2024-01-26 08:52:27AICoinShare to:

AICoin News Binance ARK/USDT perpetual funding rate is currently -1.00%, and shorts need to pay funding fees to longs, which means that the market is bearish. AICoin [PC-Homepage-Popular List] has launched the "Funding Rate" list, where you can view rate arbitrage opportunities at a glance. Funding fees are an important mechanism for perpetual contracts to anchor spot prices and are used to balance long and short sentiments. When the funding rate is >0, the long side pays the funding fee to the short position; when the funding rate is <0, the short position pays the funding fee to the long position.

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