How are Funding Rates calculated? As explained, if the price just goes up more than the cost of funding, the longs will be fine. Negative rates, on the other hand, reflect negative sentiment and expectations of further declines. The futures market can be in one of two states relative to the spot price: The difference between the futures and spot market is called the basis. 1. Bitcoin, Ethereum Funding Rates Remain Negative Amid Market Ethereum Classic News It expresses the value of the additional amount of money that traders in the futures markets are obligated to pay in order to keep an open position. If not, the futures market will likely see a continuation of the funding rates trend. Funding rates repre Price-24h %-7d %-Market Cap-Volume-Circulating Supply-Sign up for free to view the latest data on all charts!-Add to Dashboard. What is the biggest northern pike ever caught in the United States? Volatile Price Moves on Monday Contrast to Recent Calm Waters, First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues, First Republic Bank Seized and Sold to JPMorgan Chase; Tron's Justin Sun Apologizes After Binance CEO Fires Warning, Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank. Do your due diligence, have some fun and make some money! Binance (@binance) September 23, 2021. This represents a correction of 52%. For most of this period, funding rates have remained positive, with the exception of the aforementioned December 4 decline. It remains to be seen whether this will be just a correction before a long-term bear market or a continuation of the bull market. The huge losses of traders betting on the upside are illustrated by the chart of the 7-day EMA for the dominance of long liquidations. Westerners have founded the most innovative firms in the crypto space. Cardano News Plus, CoinDesk's managing editor for global policy and regulation Nikhilesh De shared a recap of CoinDesks yearly Consensus conference.