WE-LaunchZORA experiences significant funding rate skew to the short side on various major CEXs
BlockBeats News, July 27th, according to Coinglass data, the current ZORA contract open interest has reached $170 million, with a 24-hour increase of 157.22%. It is highly bearish on funding rates within various mainstream CEXs. The platform with the largest 24-hour contract trading volume for ZORA is Binance, with the current funding rate at -1.9406%.
Furthermore, it is reported as -2% on Bitget, -1.8131% on Gate, and -2% on Bybit.
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