Derivatives recap
Crypto derivatives recap · July 23, 2026
Funding was mixed across the 6 perpetual markets: 3 of 6 had positive rates, with BTCUSDT highest at +0.0085% and SOLUSDT lowest at -0.0036%; ETHUSDT was also negative at -0.0033%. BTCUSDT funding remained positive in the recent sequence, easing to +0.0014% before rebounding to +0.0085%, while SOLUSDT shifted from positive readings to -0.0036%. The funding split points to relatively stronger long-side positioning in BTCUSDT and short-side positioning in SOLUSDT, rather than a uniform market stance.
| Market | Funding | Open interest | Long/short | Mark price | Chg |
|---|---|---|---|---|---|
| BTCUSDTbinance | +0.0085% | – | – | 64,940.4 | -1.63% |
| BTCUSDTbybit | +0.0008% | – | – | – | – |
| ETHUSDTbinance | -0.0033% | – | – | 1,894.49 | -2.46% |
| ETHUSDTbybit | +0.0002% | – | – | – | – |
| SOLUSDTbinance | -0.0036% | – | – | 76.3326 | -2.67% |
| SOLUSDTbybit | -0.0031% | – | – | – | – |
Daily snapshot from public exchange data. Descriptive analytics, not investment advice.