Binance Futures data reveals that BTC/USDT, ETH/USDT, and SOL/USDT dominated the USD-M perpetual futures market in trading volume over the past 24 hours. These top three were followed closely by 1000PEPE/USDT and DOGE/USDT, showing strong activity in both major and meme coin sectors.
Top 5 Trading Pairs by Volume
1. BTC/USDT
Long/Short Ratio: 0.60
Funding Rate: 0.0025%
2. ETH/USDT
Long/Short Ratio: 1.83
Funding Rate: 0.0069%
3. SOL/USDT
Long/Short Ratio: 2.50
Funding Rate: 0.0030%
4. 1000PEPE/USDT
Long/Short Ratio: 2.47
Funding Rate: -0.0164%
5. DOGE/USDT
Long/Short Ratio: 3.13
Funding Rate: -0.0033%
Key Observations
BTC/USDT shows a bearish tilt with more short positions than long, reflected in the low 0.60 ratio.
ETH/USDT and SOL/USDT indicate bullish sentiment, with long positions dominating.
1000PEPE/USDT and DOGE/USDT exhibit speculative energy, especially with negative funding rates suggesting traders are paying to maintain short positions.
What It Means
The dominance of blue-chip pairs like BTC, ETH, and SOL underscores sustained interest from institutional and retail traders alike. Meanwhile, the presence of PEPE and DOGE highlights the ongoing appetite for high-volatility, community-driven tokens in futures markets.
