Seeing that some friends have doubts about #资金费率 of #BTC☀ and contract #多空比 , I would like to share here that the actual funding rate of about 10,000 is normal and healthy compared with the history. For example, the market rose sharply some time ago and entered the fomo state, which may be unbalanced to 30,000-50,000 or even 10,000 or more. In the recent round of BTC hitting a new record high, the funding rate is actually in a relatively healthy state. Since December 10, it has been maintained at around 10,000 recently. There was no extreme deviation when the market rose sharply yesterday. We often see news or people say that the annualized return of the funding rate #套利 is 10.95%. In fact, it is calculated based on 1 in 10,000, with a daily average of 3 in 10,000, and an annual average of 1095 in 10,000, or 10.95%;

As for the long-short ratio, taking Friday as an example, the Binance long-short ratio on that day was roughly in the range of 0.88-0.94, and the number of longs and shorts was slightly superior to that of shorts, that is, the number of longs among all users was slightly less than that of shorts. This is a relatively normal level in the stage of rising market, because short-term speculators will reduce their longs for profit and intervene in short-term shorts during the rise, which will produce this data level slightly lower than 1; but the long-short ratio of large positions on that day was maintained at 1.73-1.85, that is, in terms of the main positions, longs accounted for a relative advantage of 63-65%. In fact, the market later fluctuated higher and hit a new record high on Monday night this week. #BTC再创新高