Derivatives recap
Crypto derivatives recap · July 25, 2026
Funding was mixed across the 6 perpetual markets, with 3 of 6 showing positive rates. ETHUSDT recorded the highest funding at +0.0069%, while SOLUSDT was lowest at -0.0052%. Recent sessions show ETHUSDT fluctuating before reaching +0.0069%, while SOLUSDT shifted from positive readings into negative territory, with the latest -0.0052% less negative than -0.0085%. The split funding picture indicates uneven positioning, with positive and negative carrying costs present across the markets rather than a uniform directional bias.
| Market | Funding | Open interest | Long/short | Mark price | Chg |
|---|---|---|---|---|---|
| BTCUSDTbinance | +0.0007% | – | – | 64,150.0489 | +0.13% |
| BTCUSDTbybit | -0.0047% | – | – | – | – |
| ETHUSDTbinance | +0.0034% | – | – | 1,867.04 | +0.31% |
| ETHUSDTbybit | +0.0069% | – | – | – | – |
| SOLUSDTbinance | -0.0041% | – | – | 74.1268 | +0.20% |
| SOLUSDTbybit | -0.0052% | – | – | – | – |
Daily snapshot from public exchange data. Descriptive analytics, not investment advice.