Every Zipp story tagged #FundingRates, newest first.
Perps dominate with $200B+ daily volume and brutal margin efficiency, but funding-rate exposure and exchange insurance-fund blowups remain the hidden costs traders say most users underprice.
The bounce off $59K is real, but funding rates have flipped negative and put-call skew shows a 25-point premium for downside protection. Bears are driving price action, not bulls.
The 30% volume surge masks a thinning futures book, a bear-flag warning on the daily chart, and options still pricing downside protection across BTC, ETH and the majors.
CoinDesk