Bitget daily futures information: Funding rate fluctuates significantly, BTC long/short ratio is 51.09%/48.91%

Due to the sharp fluctuation in funding rates caused by the rise of Bitcoin, both long and short positions are facing liquidation.

In terms of BTC contracts, the total open interest for BTC is $30.72 billion (-1.60%), with a 24-hour trading volume of $13.113 billion (-39.33%). The 24-hour liquidation amounts are $5.541 million for long positions and $5.928 million for short positions, with a long/short ratio of 51.09%/48.91% and a funding rate of 0.0318%.

As for ETH contracts, the total open interest for ETH is $12.71 billion (+4.13%), with a 24-hour trading volume of $6.318 billion (-34.25%). The 24-hour liquidation amounts are $3..378 million for long positions and $3..995 million for short positions, with a long/short ratio of 51...67%/48.33% and a funding rate of 0.0325%.

The top three tokens with the highest increase in open interest are PHB: $28.28 million (+199.07%), RSR: $29.72 million (+111.75%), CVC: $.404 million (+86.07%).