$0.2335
-9.91% (24h)
Binance
Longs unwinding
Price is down 9.9% and open interest is down 6.7% — existing longs are closing or being liquidated, so leverage is clearing out of the market.
Funding Rate
+0.0050%/ 4h
Next funding
—≈ +11.0% a year paid by longs to shorts · settles every 4h