Bitcoin Funding Rate Turns Neutral On Top Exchanges: What Happened Last Time

Name	Symbol	Market	Market Cap ($)	Algorithm
SHIBA INU	SHIBUSD	Crypto	7,660,300,502	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

SHIBA INU

SHIBUSD

Crypto

7,660,300,502

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00	0.00%	0.000013	0.000013	0.000013

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00

0.00%

0.000013

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.000013	0.000013	0.000013	0.000013	0.000011 - 0.000033

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.000013

0.000011 - 0.000033

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:52:15	482,728.00	0.000013	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:52:15

482,728.00

0.000013

USD

Price x Volume	Volume	Base Symbol	Related Pairs
3,798,005.31	111,322,880,177.36	SHIB	SHIBEUR	SHIBGBP	SHIBBTC

Price x Volume

Volume

Base Symbol

Related Pairs

3,798,005.31

111,322,880,177.36

Bitcoin Funding Rate Turns Neutral On Top Exchanges: What Happened Last Time

11/02/2025 6:30am

NEWSBTC

Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here’s where this could lead the asset’s price. Bitcoin Futures Market Sentiment Has Turned Neutral In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Funding Rate for the three top exchanges in the cryptocurrency sector. Related Reading: Bitcoin Indicator That Timed January Top Now Gives Signal To Buy The “Funding Rate” here refers to an indicator that keeps track of the total amount of periodic fees that futures market holders are exchanging between each other on a given platform. When the value of this metric is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend implies a bullish sentiment is the dominant one on the exchange. On the other hand, the indicator being negative suggests the short holders are outweighing the long ones and a bearish mentality is shared by the majority. Now, here is the chart shared by the analyst that shows the trend in the 7-day simple moving average (SMA) of the mean Bitcoin Funding Rate on the top three exchanges: Binance, Bybit, and OKX. As is visible in the above graph, the 7-day SMA of the Bitcoin Funding Rate on these platforms rose to a notable positive level during the rally in the last couple of months of 2024, implying the futures market sentiment was quite bullish. With the consolidation that has followed for BTC since the top, though, the enthusiasm on Binance and company has dropped. Following the latest bearish price action, the indicator has even returned to the 0% mark, meaning that the users are now completely undecided on where the cryptocurrency would go from here. In the chart, the analyst has highlighted the past instances where the metric saw a similar retest of the 0% level. It would seem that Bitcoin has generally gone on to observe some bullish momentum every time that the indicator has touched this line during the current cycle. Related Reading: Just 10 Holders Control 61.3% Of Shiba Inu Supply: How This Compares With Other Altcoins The reason behind this trend lies in the fact that a mass liquidation event, popularly known as a squeeze, is more likely to affect the side of the sector that has the more investors. During bull runs, whenever the Funding Rate becomes too positive, a long squeeze tends to occur, wiping out all the positions. These liquidations then provide fuel for a move in the downwards direction. With the Funding Rate at neutral right now, both shorts and longs are at an about equal risk of seeing a squeeze, so Bitcoin could kickstart a rally without encountering an obstacle immediately. BTC Price At the time of writing, Bitcoin is trading around $97,200, down more than 2% over the last seven days. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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