trade.xyz Shanghai Lotion Contract Funding Rate Soars, Investors May Be Betting on a Rebound in the South Korean Stock Market

BlockBeats News, July 13th, according to trade.xyz data, the mainstream SK Hynix perpetual contract's annualized funding rate on the platform has reached 907.74%, with a total open interest of $834 million.

At the same time, the annualized funding rate for SK Hynix in the US stock market is -143.74%, although the open interest for this contract is only $88.77 million.

On Binance, the SK Hynix perpetual contract funding rate also reflects investors' optimistic expectations, with the current annualized funding rate at 547.5%.