💸 BTC Funding — Sep 13
$BTC funding is collapsing from HTX's +0.0100% down to effectively zero on Hyperliquid and dYdX, telling you leveraged longs are getting wrecked or unwound specifically on the decentralized venues while CeFi still holds residual bullish positioning. Bybit at +0.0021% is the canary — if that drops to flat, the CeFi bid is gone too.
ᛗ
🟢 HTX +0.0100%
🟢 Bitget +0.0085%
🟢 Binance +0.0067%
🟢 Gate +0.0060%
🟢 OKX +0.0053%
🟢 Bybit +0.0021%
🟢 Hyperliquid +0.0000% /1h
⚪ dYdX +0.0000% /1h
ᛗ
$BTC funding is collapsing from HTX's +0.0100% down to effectively zero on Hyperliquid and dYdX, telling you leveraged longs are getting wrecked or unwound specifically on the decentralized venues while CeFi still holds residual bullish positioning. Bybit at +0.0021% is the canary — if that drops to flat, the CeFi bid is gone too.
ᛗ
🟢 HTX +0.0100%
🟢 Bitget +0.0085%
🟢 Binance +0.0067%
🟢 Gate +0.0060%
🟢 OKX +0.0053%
🟢 Bybit +0.0021%
🟢 Hyperliquid +0.0000% /1h
⚪ dYdX +0.0000% /1h
ᛗ
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