Can the funding rate on Bybit impact the price of Ethereum?

1 answers

• EG JeansJul 13, 2023 · 2 years ago
  While the funding rate on Bybit can have an impact on the price of Ethereum, it's important to consider that it is just one of many factors that influence the market. The funding rate reflects the interest paid by one side of the market to the other and is designed to keep the perpetual contract price in line with the spot market price. However, the funding rate alone is unlikely to cause significant price movements in Ethereum. Factors such as market demand, trading volume, and overall market sentiment have a much larger impact on the price of Ethereum. Therefore, it's important to consider a wide range of factors when analyzing the potential impact of the funding rate on the price of Ethereum.
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