HuoXing Finance reports that on May 26, according to market data, the ESPORTS futures and spot prices exhibited an extreme spread, peaking above 40%. The current perpetual contract mark price is $0.0478, while the on-chain spot price is $0.0392, resulting in a spread of approximately 22%. The funding rate for ESPORTS on major trading platforms has turned negative. According to Coinglass data, the total open interest for ESPORTS has surged to $48.32 million, with a 24-hour contract trading volume of $617 million. Liquidations over the past 24 hours totaled $8.3167 million, including $6.6682 million in long liquidations.
ESPORTS futures and spot prices diverge sharply, funding rate turns negative
MarsBitShare
Summary
On May 26, 2026, perpetual futures for ESPORTS diverged sharply from spot prices, with a peak spread exceeding 40%. The perpetual futures price reached $0.0478, while the on-chain spot price fell to $0.0392, creating a 22% discrepancy. Funding rates turned negative across major platforms. Open interest in the futures market hit $48.32 million, with $617 million in trading volume over 24 hours. Total liquidations amounted to $8.3167 million, including $6.6682 million in long positions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.