BTC perpetual funding rates spike as open interest and longs surge with price
A surge in OI- and volume-weighted funding rates revealed heavy long positioning as BTC broke its all-time high.
2 min read
Updated: May. 22, 2025 at 3:30 pm UTC
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Binance
Binance is one of the world’s largest centralized cryptocurrency exchanges by trading volume, offering spot, derivatives, and earning products to a global retail and institutional user base.
Crypto.com
Crypto.com is a global crypto platform that offers consumer-focused trading, payments, and financial products, alongside an exchange and on-chain infrastructure.
OKX
OKX is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology.
Bybit
Bybit is a centralized crypto exchange best known for derivatives, including perpetual futures and options, alongside spot trading and related services.
Bitget
Bitget is a Seychelles-based cryptocurrency exchange platform established in 2018 that provides services for trading various digital assets.
