Bitget Daily Contract Market Dynamics

The funding rates for Bitcoin and Ethereum have dropped to 0.0029% and 0.0007%, respectively.

Bitcoin Contract Update
Total outstanding Bitcoin contracts: $33.9 billion (-2.10%)

Bitcoin trading volume (24 hours): $752.3 billion (+220.10%)

Bitcoin liquidation (24 hours): $50.67 million (long) /$22.61 million (short)

Long/Short ratio: 49.14%/50.86%

Funding rate: 0.0029%

Ethereum Contract Update
Total outstanding Ethereum contracts: $1524 billion (-5.81%)

Ethereum trading volume (24 hours): $3768 billion (+125 .41%)

Ethereum liquidation (24 hours): $79 .26 million(long)/$13 .26 million(short)

Long/Short ratio: 48 .17%/51 .83%

Funding rate: 0 .0007% 

Top three increases in open interest 
MEW :$28 .31million(+48 .71%) 

UNFI :$29 .49million(+39 .46%) 

STMX :$9,11million(+30,71%)