Binance Futures data reveals that trading volume for USD-M perpetual futures contracts was high over the past 24 hours. Notably, Bitcoin/USDT (BTC/USDT), Ethereum/USDT (ETH/USDT), Solana/USDT (SOL/USDT), XRP/USDT, and Dogecoin/USDT pairs led the market in terms of trading volume. The BTC/USDT perpetual futures long/short ratio reached 1.71, while the funding rate was at 0.0003%. Similarly, ETH/USDT perpetual futures had a long/short ratio of 2.47 with a funding rate of 0.0066%, SOL/USDT’s long/short ratio stood at 3.50 and its funding rate was at 0.0014%. For XRP/USDT, the long/short ratio was 2.56, accompanied by a negative funding rate of -0.0062%. Finally, DOGE/USDT perpetual futures saw a long/short ratio of 2.58 with a funding rate at 0.0081%.