Bitcoin perpetual funding rates fluctuate with market sentiment in 2024

Onchain Highlights DEFINITION: Bitcoin future perpetual funding rate V2 is the average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. Bitcoin futures perpetual funding rates provide valuable insights into... source: https://cryptoslate.com/insights/bitcoin-perpetual-funding-rates-fluctuate-with-market-sentiment-in-2024/