Data: Perpetual swap contract funding rate soars to over 10%
Bitget2024/11/23 03:11
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According to ChainCatcher, IntoTheBlock data shows that the funding rate of perpetual swap contracts has soared to more than 10%, and even reached 20% on mainstream exchanges.
Such high costs indicate that traders are increasingly bullish. Although still lower than the peak in the first quarter, continued demand may suggest overheated speculation.
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