Binance USD-M Perpetual Futures Market Boasts Strong Trading Activity

Binance Futures data reveals a surge in trading activity for USD-M perpetual futures contracts over the past 24 hours. The ETH/USDT, BTC/USDT, SOL/USDT, ZEC/USDT, and XRP/USDT pairings were at the forefront of this activity. Notably, Ethereum/USD Perpetual futures exhibit an impressive long/short ratio of 3.71, accompanied by a funding rate of 0.0064%. Similarly, Bitcoin/USDT perpetual futures demonstrate a long/short ratio of 3.66 with a funding rate of 0.0044%. Solana/USD Perpetual futures have led the pack with an impressive long/short ratio of 5.41 and a funding rate of 0.0089%. Zcash/USDT perpetual futures exhibit a less active market with a long/short ratio of 0.51 and a funding rate of 0.0100%, while XRP/USDT perpetual futures demonstrate a strong long/short ratio of 3.12 and a funding rate of 0.0061%.