Funding rates for XRP on Binance have entered extreme negative territory while price ranges between $1.35 and $1.50, a configuration that has historically precededFunding rates for XRP on Binance have entered extreme negative territory while price ranges between $1.35 and $1.50, a configuration that has historically preceded

XRP Funding Rates on Binance Just Flashed a Contrarian Buy Signal

2026/03/06 13:42
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Funding rates for XRP on Binance have entered extreme negative territory while price ranges between $1.35 and $1.50, a configuration that has historically preceded short-term rebounds, according to CryptoQuant analysis. The signal arrives as altcoins show relative resilience despite a difficult February for the broader market.

The Setup

XRP has corrected roughly 60% from its highs. Despite that decline, the majority of traders positioning in XRP derivatives on Binance have been doing so on the short side, pushing funding rates to extreme negative levels. That means short sellers are paying longs to hold their positions, reflecting overwhelming bearish consensus in the derivatives market.

Extreme negative funding rates are a contrarian signal for a specific mechanical reason. When positioning becomes heavily one-sided, the market has a structural incentive to move against the crowded trade. Short sellers at extreme negative funding rates are paying a continuous cost to maintain their positions. If price moves against them even modestly, the combination of mark-to-market losses and funding costs accelerates covering. That covering is buying, and it pushes price higher.

CryptoQuant’s historical data shows that prior periods of extreme negative XRP funding rates on Binance were followed by short-term rebounds or corrective rallies. The pattern is not a guarantee of a lasting trend reversal. It is a signal that the risk-reward for a near-term bounce has historically been favorable when conditions match the current setup.

Solana Payment Volume Up 755%: The Ecosystem Map Shows Why

The Broader Altcoin Context

The signal arrives against a backdrop of modest altcoin resilience. Total 3, which measures altcoin market capitalization excluding Ethereum, has increased roughly 12% since the start of February, adding approximately $75 billion to the sector despite intensifying geopolitical tensions and a deteriorating macroeconomic environment.

That resilience is notable given the conditions. The Altcoin Season Index covered earlier today sits at 14, firmly in Bitcoin Season territory, meaning the majority of altcoins are still underperforming Bitcoin over the 90-day window. But the February Total 3 gain suggests capital has been selectively returning to larger-cap altcoins even while the broader index remains depressed.

The post XRP Funding Rates on Binance Just Flashed a Contrarian Buy Signal appeared first on ETHNews.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4028
$1.4028$1.4028
-0.97%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pi Network Set to Become First Cryptocurrency Granted Access to Federal Reserve Core Payment System

Pi Network Set to Become First Cryptocurrency Granted Access to Federal Reserve Core Payment System

Pi Network Set to Become First Cryptocurrency Granted Access to Federal Reserve Core Payment System Pi Network, the rapidly growing Web3 ecosystem known for
Share
Hokanews2026/03/06 14:13
Kalshi debuts ecosystem hub with Solana and Base

Kalshi debuts ecosystem hub with Solana and Base

The post Kalshi debuts ecosystem hub with Solana and Base appeared on BitcoinEthereumNews.com. Kalshi, the US-regulated prediction market exchange, rolled out a new program on Wednesday called KalshiEco Hub. The initiative, developed in partnership with Solana and Coinbase-backed Base, is designed to attract builders, traders, and content creators to a growing ecosystem around prediction markets. By combining its regulatory footing with crypto-native infrastructure, Kalshi said it is aiming to become a bridge between traditional finance and onchain innovation. The hub offers grants, technical assistance, and marketing support to selected projects. Kalshi also announced that it will support native deposits of Solana’s SOL token and USDC stablecoin, making it easier for users already active in crypto to participate directly. Early collaborators include Kalshinomics, a dashboard for market analytics, and Verso, which is building professional-grade tools for market discovery and execution. Other partners, such as Caddy, are exploring ways to expand retail-facing trading experiences. Kalshi’s move to embrace blockchain partnerships comes at a time when prediction markets are drawing fresh attention for their ability to capture sentiment around elections, economic policy, and cultural events. Competitor Polymarket recently acquired QCEX — a derivatives exchange with a CFTC license — to pave its way back into US operations under regulatory compliance. At the same time, platforms like PredictIt continue to push for a clearer regulatory footing. The legal terrain remains complex, with some states issuing cease-and-desist orders over whether these event contracts count as gambling, not finance. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/kalshi-ecosystem-hub-solana-base
Share
BitcoinEthereumNews2025/09/18 04:40
With an annualized return of 6%, Musk declares war on traditional banks.

With an annualized return of 6%, Musk declares war on traditional banks.

Author: Plain Language Blockchain In early March 2026, American actor William Shatner—who plays Captain Kirk in Star Trek—posted a screenshot on X. Nothing serious
Share
PANews2026/03/06 14:00