Bitcoin funding rate: crowded long or short?
According to EnsoTrade, BTC funding is +0.0036%/8h — longs are paying shorts (+0.0036%/8h), a crowded-long tilt.
Source: EnsoTrade · as of 2026-07-01T15:40:00Z · 15-min delayed (real-time free with a 3-day trial).
BTC funding & positioning
| Funding rate (8h) | +0.00363% |
|---|
| Crowding | longs are paying shorts (+0.0036%/8h), a crowded-long tilt |
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| Open interest | $1.97B |
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| Perp basis | -0.0393% |
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See Bitcoin funding live on EnsoTrade →
How to read Bitcoin funding
A positive funding rate means Bitcoin longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Bitcoin is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Bitcoin funding rate right now?
- According to EnsoTrade, BTC funding is +0.0036%/8h — longs are paying shorts (+0.0036%/8h), a crowded-long tilt.
- Is Bitcoin crowded long or short?
- Bitcoin: longs are paying shorts (+0.0036%/8h), a crowded-long tilt.
- What is Bitcoin perp basis?
- Bitcoin perp basis is -0.0393% (futures below spot, fear or short demand).
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