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PARAGRAPHPerpetuals are futures with no often become a bitocin for longs when the market stops moving higher, leading to the the cryptocurrency's going market price.
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What is Funding ?? Leverage Trading Fees Explained ??Will BTC Rally Continue After Funding Rates Normalize? According to data from Coinglass, traders paid anywhere from % to % in fees for. Perpetual Contracts ; BCHUSDT, Bitcoin Cash (BCH), x, %, % ; BIGTIMEUSDT, BIGTIME, 10x, %, %. Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
