There seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity for non-directional traders. Early Tuesday, bitcoin (BTC) rose nearly to $57,000, the highest since late 2021, taking the year-to-date gain to 32%, CoinDesk data show. The CoinDesk 20 index, a broader market gauge, traded nearly 6% higher. The annualized funding rate in bitcoin perpetual futures listed on Binance surpassed 100% for the first time in at least a year, according to data source Velo Data and CoinGlass. Funding rates on Bybit and Deribit rose to 95% and 56%, respectively.
LIVE
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,024.00
▲ +0.40%
ETH
$1,919.51
▲ +0.50%
USDT
$0.999384
▲ +0.00%
BNB
$601.84
▲ +2.00%
USDC
$0.999645
▲ +0.00%
XRP
$1.04
▲ +2.20%
SOL
$76.18
▲ +3.60%
TRX
$0.328682
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.50%
HYPE
$55.21
▲ +1.70%
DOGE
$0.070969
▲ +1.80%
USDS
$0.999908
▲ +0.00%
RAIN
$0.012665
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$510.52
▲ +0.00%
ADA
$0.200341
▲ +0.00%
XMR
$383.11
▲ +3.60%
WBT
$56.25
▲ +0.50%
LINK
$8.34
▲ +1.70%
XLM
$0.165125
▲ +2.60%
DAI
$0.999875
▲ +0.00%
BCH
$216.39
▲ +0.80%
USD1
$0.99938
▲ +0.00%
USDE
$0.999613
▲ +0.00%
CC
$0.095906
▲ +1.80%
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,024.00
▲ +0.40%
ETH
$1,919.51
▲ +0.50%
USDT
$0.999384
▲ +0.00%
BNB
$601.84
▲ +2.00%
USDC
$0.999645
▲ +0.00%
XRP
$1.04
▲ +2.20%
SOL
$76.18
▲ +3.60%
TRX
$0.328682
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.50%
HYPE
$55.21
▲ +1.70%
DOGE
$0.070969
▲ +1.80%
USDS
$0.999908
▲ +0.00%
RAIN
$0.012665
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$510.52
▲ +0.00%
ADA
$0.200341
▲ +0.00%
XMR
$383.11
▲ +3.60%
WBT
$56.25
▲ +0.50%
LINK
$8.34
▲ +1.70%
XLM
$0.165125
▲ +2.60%
DAI
$0.999875
▲ +0.00%
BCH
$216.39
▲ +0.80%
USD1
$0.99938
▲ +0.00%
USDE
$0.999613
▲ +0.00%
CC
$0.095906
▲ +1.80%
BTC
$65,024.00
▲ +0.40%
ETH
$1,919.51
▲ +0.50%
USDT
$0.999384
▲ +0.00%
BNB
$601.84
▲ +2.00%
USDC
$0.999645
▲ +0.00%
XRP
$1.04
▲ +2.20%
SOL
$76.18
▲ +3.60%
TRX
$0.328682
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.50%
HYPE
$55.21
▲ +1.70%
DOGE
$0.070969
▲ +1.80%
USDS
$0.999908
▲ +0.00%
RAIN
$0.012665
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$510.52
▲ +0.00%
ADA
$0.200341
▲ +0.00%
XMR
$383.11
▲ +3.60%
WBT
$56.25
▲ +0.50%
LINK
$8.34
▲ +1.70%
XLM
$0.165125
▲ +2.60%
DAI
$0.999875
▲ +0.00%
BCH
$216.39
▲ +0.80%
USD1
$0.99938
▲ +0.00%
USDE
$0.999613
▲ +0.00%
CC
$0.095906
▲ +1.80%
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,024.00
▲ +0.40%
ETH
$1,919.51
▲ +0.50%
USDT
$0.999384
▲ +0.00%
BNB
$601.84
▲ +2.00%
USDC
$0.999645
▲ +0.00%
XRP
$1.04
▲ +2.20%
SOL
$76.18
▲ +3.60%
TRX
$0.328682
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.50%
HYPE
$55.21
▲ +1.70%
DOGE
$0.070969
▲ +1.80%
USDS
$0.999908
▲ +0.00%
RAIN
$0.012665
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$510.52
▲ +0.00%
ADA
$0.200341
▲ +0.00%
XMR
$383.11
▲ +3.60%
WBT
$56.25
▲ +0.50%
LINK
$8.34
▲ +1.70%
XLM
$0.165125
▲ +2.60%
DAI
$0.999875
▲ +0.00%
BCH
$216.39
▲ +0.80%
USD1
$0.99938
▲ +0.00%
USDE
$0.999613
▲ +0.00%
CC
$0.095906
▲ +1.80%
