24-hour decline of 2.6% in GRAM open interest; funding rate positive
Original headline24시간 2.6% 감소한 그램(GRAM) 미결제약정…펀딩비 양수
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GRAM's open interest on Binance's USDT-margined perpetual futures fell 2.6% over 24 hours to $19.6 million (about 26.2 billion won) as of 6:30 p.m. on the 1st, even as the futures price rose 3.7% in the same period. Market data provider Seandra.AI showed the Binance GRAM/USDT perpetual contract trading at $1.22 (about 1,630 won) with a positive funding rate of +0.005% per settlement interval. The divergence—rising price alongside declining open interest—suggests new long positions are not accumulating heavily, since open interest reflects the total size of unsettled futures contracts rather than directional positioning. The positive funding rate indicates longs are paying shorts, consistent with leveraged long demand but not aggressive buildup. Traders should watch whether open interest rebounds alongside price to confirm a sustained trend, and whether funding rates stay elevated enough to signal potential overheating.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
GRAM, Binance, Seandra.AI