Funding Rates have still not been doing anything crazy. The last time these were truly overheated was at the end of 2025 post Elections.
We are seeing the average funding rate slowly tick up here and there but that's nothing new with $BTC just having made new all time highs.
These have not been as actionable as they were back in the day due to many forms of funding arbitrage/farming but can still be useful to watch in case we hit some extreme again.
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