ME News reports that on June 13 (UTC+8), the 24-hour trading volume reached $3.379 billion, with the majority of activity concentrated in stocks (40.54%) and indices (34.53%). All underlying assets had positive funding rates, with CL crude oil recording an 8-hour funding rate of 0.7%, indicating relatively higher costs for long positions. The top five assets were: SPCX, XYZ100, CL, SP500, and BRENTOIL. (Source: D Pro)
SPCX Leads in TradFi Stock Volume, CL Crude Oil Funding Rate High
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Summary
Funding rates strategy remains critical as CL crude oil rose 0.7% over 8 hours, increasing costs for long positions. Volume analysis shows SPCX led TradFi stocks on June 13 with $3.379 billion in 24-hour volume. Stocks and indices accounted for 75% of activity, with XYZ100, SP500, and BRENTOIL among the top five. All assets posted positive funding rates, underscoring the importance of volume analysis in tracking market trends.
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