长鑫科技遇极端资金费率-0.21%/时，1笔空单占据全平台30%持仓

Odaily Planet Daily News, according to Hyperinsight monitoring, Changxin Technology (CXMT) is currently trading at $7.73, up approximately 4.15% over the past 24 hours. However, its current hourly funding rate has dropped to -0.2139%, with the actual settlement rate for the previous hour at -0.1212%, indicating that the absolute value of the negative funding rate has further expanded by 76.5%.

If the current rate remains unchanged, holding a $10,000 short position in CXMT would incur approximately $21.4 in funding fees per hour, accumulating to about $171.1 over 8 hours and roughly $513.4 over 24 hours.

This extreme negative funding rate is accompanied by a noticeable discount. CXMT's current mark price stands at $7.73, while the oracle price is approximately $8.02, reflecting a discount of about 3.70% for the contract relative to the oracle. Its 24-hour trading volume is approximately $15.22 million, while the value of open interest reaches about $76.03 million — with open positions nearly five times the daily trading volume.

CXMT currently has a total of 1,072 long addresses and 823 short addresses, representing a long-to-short ratio of approximately 1.3:1 by address count. Among large holders with position values exceeding $1 million, there are 5 longs and 2 shorts, bringing the long-to-short ratio up to 2.5:1.

However, in terms of position value, the large-holder long-to-short ratio is approximately 0.94:1, with short positions still exceeding longs by about 6.5%. The weighted average entry price for large-holder long positions is approximately $6.92, while that for short positions is around $6.53 — indicating that both sides are currently in varying degrees of unrealized loss.

Monitoring shows that short positions are primarily concentrated in an address beginning with 0xf29. This address holds approximately $22.4 million in CXMT short positions with 1x leverage, with this single position accounting for nearly 30% of the total CXMT open interest across the entire platform.

The average entry price for this short position is approximately $6.5, with a liquidation price of around $15.9. It currently faces an unrealized loss of approximately $3.52 million. Additionally, the cumulative funding fees paid have reached approximately $1.72 million.