And on the flip side,

Polkadot has the clearest funding skew: at 0.82 dollars, the aggregate funding rate across our tracked pairs is negative, at -8.63 percent annualized. Open interest is stable at 107.7 million dollars. The trade is compressed between 0.823 dollars and 0.825 dollars, with clear trending down structure, but if shorts start covering, that's the scenario for a sharp move.