MARKET DESK
Ethereum derivatives show elevated funding into weekly expiry
42m ago
Perpetual funding has climbed ahead of the weekly options expiry, raising the risk of a positioning flush.
Aggregate ETH perpetual funding moved into the upper decile of its 90-day range as open interest expanded faster than spot volume.
Historically, elevated funding into expiry has preceded short-term volatility as crowded positioning unwinds.
Traders are watching local supply near recent highs; a failure to reclaim it keeps the near-term bias cautious.