Binance ETH Funding Remains Negative Amid Long Position Dominance
Binance's ETH funding rate stayed negative at -0.011% as futures traders maintained a long bias.
Binance's ETH funding rate stayed negative at -0.011% as futures traders maintained a long bias. Ethereum (ETH) is trading at ₹2,15,476 ($2,266.97). This is an original Token Times brief based on reporting by Live Bitcoin News, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
The persistent negative funding rate indicates ongoing bearish sentiment in Binance's ETH perpetual futures market despite the majority holding long positions, which could signal potential market volatility.
- Binance ETH funding rate remained near -0.011% on October 31.
- 73.4% of Binance futures accounts held long ETH positions.
- Negative funding amid long dominance suggests potential market tension.
On October 31, Binance's ETH funding rate remained negative, hovering around -0.011%, according to Live 
Bitcoin News. This suggests that despite the majority of traders holding long positions, there is still a bearish sentiment in the market.
The report from Live Bitcoin News, citing data from QuantM Intel, indicates that approximately 73.4% of Binance futures accounts held long positions in ETH during the reported snapshot. This dominance of long positions typically implies bullish sentiment, but the negative funding rate suggests a more complex market dynamic.
This situation may reflect a potential market tension where traders are holding long positions but are not fully confident in the upward movement of ETH, leading to the negative funding rate. This could set the stage for increased market volatility if sentiment shifts.
In broader market context, 
Ethereum's price was at $2268.27, up 1.10% in the last 24 hours but down 4.16% over the past week. The overall crypto market cap stood at $2.68 trillion, with Bitcoin showing a modest 24-hour gain of 0.78%.
The negative funding rate amid long position dominance is a key indicator to watch. It suggests that while many traders are betting on ETH's price increase, there is still a significant bearish undertone that could influence market movements in the near term.
Since this brief published about 8 hours ago, Ethereum (ETH) has moved from ₹2,15,599.23$2,268.27 to ₹2,15,475.66$2,266.97 — -0.06%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹234,642.73 (about $2,266.97), up 0.9% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Binance ETH Funding Remains Negative Amid Long Position Domi — questions & answers
What does a negative ETH funding rate mean?
A negative funding rate indicates bearish sentiment as traders with short positions receive payments from those with long positions.
Why is the long position dominance significant?
Long position dominance typically suggests bullish sentiment, but the negative funding rate shows underlying bearish pressure.
How does this affect Ethereum's price?
The negative funding rate amid long dominance could create market tension, potentially leading to price volatility.
How much is 1 Ethereum worth in rupee today?
About ₹234,642.73 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,266.97. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.06% since this brief first published — trading at ₹2,15,476 ($2,266.97) now versus ₹2,15,599 ($2,268.27) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.