Following the breakout above $95,000, BTC perpetual funding rates have spiked to 0.15% per 8-hour interval — the highest reading since November 2025. Bybit, Binance, and OKX all show identical readings. At this rate, long positions pay $1,875 per $1M per day in funding alone.
The last time funding sustained this level, a 22% correction followed within 10 days. Caution advised for fresh long entries.