Wormhole funding rate: crowded long or short?
According to EnsoTrade, W funding is +0.0050%/8h — longs are paying shorts (+0.0050%/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).
W funding & positioning
| Funding rate (8h) | +0.005% |
|---|
| Crowding | longs are paying shorts (+0.0050%/8h), a crowded-long tilt |
|---|
| Open interest | $687,165 |
|---|
| Perp basis | -0.1468% |
|---|
See Wormhole funding live on EnsoTrade →
How to read Wormhole funding
A positive funding rate means Wormhole longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Wormhole is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Wormhole funding rate right now?
- According to EnsoTrade, W funding is +0.0050%/8h — longs are paying shorts (+0.0050%/8h), a crowded-long tilt.
- Is Wormhole crowded long or short?
- Wormhole: longs are paying shorts (+0.0050%/8h), a crowded-long tilt.
- What is Wormhole perp basis?
- Wormhole perp basis is -0.1468% (futures below spot, fear or short 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 →