Synthetix funding rate: crowded long or short?
According to EnsoTrade, SNX funding is +0.0100%/8h — longs are paying shorts (+0.0100%/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).
SNX funding & positioning
| Funding rate (8h) | +0.01% |
|---|
| Crowding | longs are paying shorts (+0.0100%/8h), a crowded-long tilt |
|---|
| Open interest | $548,613 |
|---|
| Perp basis | +0.2336% |
|---|
See Synthetix funding live on EnsoTrade →
How to read Synthetix funding
A positive funding rate means Synthetix longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Synthetix is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Synthetix funding rate right now?
- According to EnsoTrade, SNX funding is +0.0100%/8h — longs are paying shorts (+0.0100%/8h), a crowded-long tilt.
- Is Synthetix crowded long or short?
- Synthetix: longs are paying shorts (+0.0100%/8h), a crowded-long tilt.
- What is Synthetix perp basis?
- Synthetix perp basis is +0.2336% (futures above spot, leveraged long demand).
Related
The Bloomberg Terminal for crypto — free to start
Live order flow, dealer gamma, options & on-chain in one cockpit. Institutional depth, retail price.
Start free →