COINOTAG News (September 22) reports that 0G initially surged above $7 before a retracement; market feeds show the token is now trading at $5.48, representing the current spot level observed on major aggregators.
Exchange metrics reveal the Binance Futures four‑hour funding rate has declined to 0.61%. The perpetual contract is priced at $5.15, implying a negative premium of roughly 6% versus the spot price, highlighting a notable basis differential in the short term.
These observable figures — spot, contract price and funding dynamics — offer a factual snapshot for market participants assessing liquidity and basis risk; traders and risk managers should monitor funding rate and premium metrics for positioning and hedging decisions.