COINOTAG reported on September 1 that market data shows an abnormal negative funding rate for WLFI perpetual contracts across several CEXs. On Binance, the four‑hour funding rate is quoted at -0.2317%, which annualizes to a dailyized figure of approximately -1.39%, reflecting heavier short-side positioning in derivative markets.

A negative funding rate denotes that short-side traders pay funding to longs, a mechanism to align perpetual prices with spot. The persistent negative readings across exchanges point to concentrated short open interest rather than price direction forecasts; traders and risk managers are advised to rely on verified funding and open interest metrics when assessing WLFI derivative exposure.