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ESPORTS Widens to 22% Premium Over Spot, Funding Rates Turn Negative on May 26

GateNews

Derivatives Data Price Volatility

2026-05-26 02:25:50

ESPORTS-92.87%

According to BlockBeats, on May 26, ESPORTS perpetual futures opened at an extreme premium to spot prices. The perpetual contract mark price reached $0.0478 while the on-chain spot price stood at $0.0392, creating a 22% spread. Funding rates on major trading platforms turned negative, signaling long liquidations.

Coinglass data showed ESPORTS open interest surged to $48.32 million, with $8.32 million in liquidations over 24 hours.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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