What are the indicators or signals that can help me assess the open short interest on BitMEX?

5 answers

• Pravin ChaudharyMay 09, 2025 · 3 months ago
  One indicator that can help you assess the open short interest on BitMEX is the funding rate. The funding rate is the fee paid by one side of the market (longs or shorts) to the other side. If the funding rate is positive, it means that longs are paying shorts, indicating a higher demand for long positions. Conversely, a negative funding rate suggests a higher demand for short positions. Monitoring the funding rate can give you insights into the market sentiment and the potential direction of the price.
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• gschqApr 29, 2025 · 3 months ago
  Another signal to consider is the open interest itself. Open interest refers to the total number of outstanding contracts in the market. If the open interest is increasing, it suggests that more traders are entering new positions, which can indicate a growing interest in shorting the market. On the other hand, a decreasing open interest may suggest a decline in short interest. Monitoring the open interest can help you gauge the overall market sentiment and the level of participation from traders.
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• Avery SecristMar 20, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, provides a comprehensive dashboard that displays real-time data on open short interest on BitMEX. The platform offers various indicators and signals, such as the funding rate, open interest, and historical data, to help you assess the market sentiment and make informed trading decisions. With BYDFi, you can easily track the open short interest and stay updated on the latest market trends.
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• John ChibweOct 09, 2020 · 5 years ago
  When assessing the open short interest on BitMEX, it's also important to consider external factors that can influence market sentiment. News events, regulatory developments, and macroeconomic trends can all impact the demand for short positions. Keeping an eye on relevant news sources and staying informed about the latest industry updates can provide valuable insights into the market sentiment and help you assess the open short interest on BitMEX.
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• Shawn ForrestAug 15, 2023 · 2 years ago
  While BitMEX is a popular cryptocurrency exchange, it's worth noting that there are other exchanges that offer similar features and tools to assess open short interest. Binance, for example, provides a funding rate indicator and displays the open interest on its platform. By comparing the data from different exchanges, you can get a more comprehensive view of the market sentiment and make more informed trading decisions.
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