ZORA Highly Bearish on Funding Rates Across Major CEXs

BlockBeats News, July 27th, according to Coinglass data, the current ZORA contract position is $170 million, a 24-hour increase of 157.22%, with funding rates highly skewed to the short side within various mainstream CEXs. The platform with the highest 24-hour contract trading volume for ZORA is Binance, with the current funding rate at -1.9142%.

In addition, it is reported as -2% on Bitget, -1.8131% on Gate, and -2% on Bybit.