$BTC Spot vs Perp Divergence



Seeing a consistent divergence (today) between spot and perp volume.

Also seeing funding rates increase, suggesting weakness in this range.

Unless we see a spike in spot volume (BTC reclaim 66k), the price should continue lower.
BTC-0.25%
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Lemon-FlavoredStopLoss
· 23m ago
If 66k can't be reclaimed, there's still quite a bit of room below.
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GateUser-f92ba9fa
· 36m ago
Funding is so expensive, yet I’m still holding on—either it nukes the shorts or it nukes the longs; I’m betting on the latter.
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MempoolDaydream
· 41m ago
Spot and perpetual split, funding rate warning, this combination isn't very good.
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ZAYDEN_ETH
· 1h ago
looking forward nice
Reply0
GateUser-423f10e3
· 1h ago
Divergence is obvious, contract players are betting, spot players are observing.
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TidepoolQuant
· 1h ago
Waiting for spot trading volume to increase, otherwise this position can't hold up.
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WickHunter
· 1h ago
Perp funding rates rise + spot volume shrinks, classic top divergence script
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MevBreakRoom
· 1h ago
66k has become the key level; if it can't hold, the bears will need to continue exerting effort.
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TheClarityAfterLiquidating
· 1h ago
Spot positions haven't followed, and the funding fees have increased again. This structure looks like it's heading downward.
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