Bullish
CXMT Funding Rate Hits -0.52% Hourly on Hyperliquid, Annualizing to -4546%
2026-07-28 10:17:38
Hyperliquid data reveals CXMT hourly funding at -0.52%, implying shorts pay longs. The annualized rate reaches -4546%, signaling extreme bearish positioning in the perpetual market.
Woofun AI data shows that the hourly funding rate for CXMT on Hyperliquid stands at -0.5204%. This negative rate indicates that short position holders are required to pay long position holders. The corresponding annualized funding rate is calculated at -4546.61%.
WOOFUN AI
Impact Assessment · Quick Read
Such an extreme negative annualized funding rate suggests intense speculative bearishness or hedging activity among traders holding CXMT derivatives. When shorts pay longs, it often reflects a market consensus expecting price declines, though such high rates can also trigger short squeezes if sentiment shifts. Traders should monitor for potential volatility as these positioning costs accumulate.
Generated by WOOFUN AI · For reference only, not investment advice
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