Why is Arbitrum up or down today?

According to EnsoTrade order-flow data, ARB is down 1.40% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0042%/8h), a crowded-long tilt; open interest fell 0.8% over the last 6h. Perp trades at a -0.127% discount to spot.

ARB signals

What moves Arbitrum?

Arbitrum's short-term moves come from derivatives positioning, not just spot. EnsoTrade reads three live signals: funding (which side is crowded), open interest (new money vs unwinding), and order flow (which side of the book is absorbed). Together they show if a move is real or a trap.

Go deeper on Arbitrum: Arbitrum funding & crowding · Arbitrum order flow.

FAQ

Why is Arbitrum up or down today?

According to EnsoTrade order-flow data, ARB is down 1.40% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0042%/8h), a crowded-long tilt; open interest fell 0.8% over the last 6h. Perp trades at a -0.127% discount to spot.

What is the funding rate on Arbitrum?

Arbitrum funding is 0.00419% per 8h — longs pay shorts (crowded long).

What is Arbitrum open interest?

$3.83M, down 0.78% in 6h.

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