BlockBeats news, October 19, according to Coinglass data, in the past 12 hours, UNITREE liquidations across the network totaled $1.9284 million, of which short positions liquidated $1.9049 million, while long positions liquidated only $23,500.
Unitree Technology rose 16.15% today, with its market capitalization rising to 200.58 billion yuan.
Meanwhile, on Hyperliquid, the UNITREE contract has settled negative funding rates for five consecutive rounds from 10:00 to 14:00 today, totaling approximately −0.47087%.
Hyperliquid's current funding rate is approximately −0.13732%/hour, with the estimated annualized funding rate rising to 1240%. On Binance, the UNITREE contract's current rate is approximately −0.777501%/4 hours, with the next settlement at 16:00 Beijing time, about 38% higher than Hyperliquid.
If prices and rates remain at current levels, the 24-hour funding fee cost for every $10,000 short position is approximately $338 on Hyperliquid and approximately $467 on Binance.

