ME News report: On June 5 (UTC+8), all five stock spot assets on this list posted 24-hour gains exceeding 5%, with a total trading volume of approximately $292 million; four assets had positive funding rates, while only MRVL had a negative rate. BB’s 8-hour funding rate reached 0.01409, significantly higher than the others, indicating the highest long-position cost pressure. The top five assets are: HOOD, BX, BB, MRVL, ORCL. (Source: D Pro)
TradFi stock assets rise, BB funding rate increases costs for long positions
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Summary
Funding rate strategy affected position trading as TradFi stock assets rose on June 5 (UTC+8). Five spot assets increased over 5% in 24 hours, with total volume reaching $292 million. BB’s 8-hour funding rate peaked at 0.01409, the highest among the top five: HOOD, BX, BB, MRVL, and ORCL. Only MRVL posted a negative rate, while the others remained positive. Position trading costs for longs rose significantly due to elevated funding rates.
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