{"id":90217,"date":"2022-10-08T14:24:00","date_gmt":"2022-10-08T14:24:00","guid":{"rendered":"https:\/\/cn.cryptonews.com\/?p=90217"},"modified":"2023-06-26T11:26:43","modified_gmt":"2023-06-26T11:26:43","slug":"bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/","title":{"rendered":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f"},"content":{"rendered":"
\"\"<\/figure>

永续合约是一种特殊期货合约，与传统形式的期货不同，它并没有到期日。因此，个人可以随意愿长期持有仓位。而现时比特币计价的永续合约未平仓量已飙升至 450,000 BTC 的新高，然而，部分交易所的比特币资金费率已经反转为正值。不过此信息不能当成看好指标，大量的未平仓量仍有可能会扩大任何方向的波动。<\/p>

资金费率约一个月由负值转正值<\/strong><\/h2><\/span>

区块链数据研究公司 Arcane Research 的一份报告显示，比特币永续合约「资金费率」在 9 月的大部分时间是负值，这表明当时看跌的交易员为多数，但不足一个月时间，参考币安（Binance）和 Bybit 的数据，比特币永续合约「资金费率」已经反转为正值。<\/p>

分析师：大量平仓会促成某一方向的大波幅<\/strong><\/h2><\/span>

此外，试述Arcane Research的报告图表显示以比特币计价的永续合约未平仓量已飙升至 450,000 BTC 的历史新高，有分析师认为：「最近币安上中性资金利率的提升表明多头的短期乐观情绪促成了近期的飙升，当大量永续合约平仓，要注意 BTC 交易区间的任何突破。」<\/p>

\"\"<\/figure>

基差数值更有参考性<\/strong><\/h2><\/span>

比特币基差是期货合约与现货价格之间的差额。根据加密期权交易所 Deribit 的数据，12 月到期的比特币年化基数约为 0.3%。<\/p>

数位资产经纪商 Covario 的交易负责人 Florian Giovannacci 表示：「比特币基差水平仍然相当平稳，如果基差不动，就很难得出方向性结论。」<\/p>","protected":false},"excerpt":{"rendered":"

永续合约是一&#31181 […]<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,6],"tags":[],"editors":[],"sponsored_companies":[],"class_list":["post-90217","post","type-post","status-publish","format-standard","hentry","category-news","category-bitcoin-news"],"acf":[],"yoast_head":"\n\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f<\/title>\n<meta name=\"description\" content=\"永续合约是一种特殊期货合约，与传统形式\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f\" \/>\n<meta property=\"og:description\" content=\"永续合约是一种特殊期货合约，与传统形式\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptonews China\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-08T14:24:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-26T11:26:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f","description":"永续合约是一种特殊期货合约，与传统形式","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/","og_locale":"zh_CN","og_type":"article","og_title":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f","og_description":"永续合约是一种特殊期货合约，与传统形式","og_url":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/","og_site_name":"Cryptonews China","article_published_time":"2022-10-08T14:24:00+00:00","article_modified_time":"2023-06-26T11:26:43+00:00","og_image":[{"url":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#article","isPartOf":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/"},"author":{"name":"williamgfpl","@id":"https:\/\/cryptonews.com\/cn\/#\/schema\/person\/87154d90751a3f3d0973399c504acc82"},"headline":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f","datePublished":"2022-10-08T14:24:00+00:00","dateModified":"2023-06-26T11:26:43+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/"},"wordCount":13,"publisher":{"@id":"https:\/\/cryptonews.com\/cn\/#organization"},"image":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#primaryimage"},"thumbnailUrl":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg","articleSection":["\u65b0\u95fb","\u6bd4\u7279\u5e01\u65b0\u95fb"],"inLanguage":"zh-Hans","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/cryptonews.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/","url":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/","name":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f","isPartOf":{"@id":"https:\/\/cryptonews.com\/cn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#primaryimage"},"image":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#primaryimage"},"thumbnailUrl":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg","datePublished":"2022-10-08T14:24:00+00:00","dateModified":"2023-06-26T11:26:43+00:00","description":"永续合约是一种特殊期货合约，与传统形式","breadcrumb":{"@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#breadcrumb"},"inLanguage":"zh-Hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/"]}],"author":[]},{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#primaryimage","url":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg","contentUrl":"https:\/\/cimg.co\/news\/90217\/226171\/image.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.com\/cn\/news\/bi-te-bi-yong-xu-he-yue-wei-ping-cang-liang-biao-sheng-zhi-li-shi-xin-gao-zi-jin-fei-lu-wei-zheng-zhi-shi-fou-ji-jiang-da-zhang\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.com\/cn\/"},{"@type":"ListItem","position":2,"name":"\u6bd4\u7279\u5e01\u6c38\u7eed\u5408\u7ea6\u672a\u5e73\u4ed3\u91cf\u98d9\u5347\u81f3\u5386\u53f2\u65b0\u9ad8\uff0c\u8d44\u91d1\u8d39\u7387\u4e3a\u6b63\u503c\uff0c\u662f\u5426\u5373\u5c06\u5927\u6da8\uff1f"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.com\/cn\/#website","url":"https:\/\/cryptonews.com\/cn\/","name":"Cryptonews China","description":"","publisher":{"@id":"https:\/\/cryptonews.com\/cn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.com\/cn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-Hans"},{"@type":"Organization","@id":"https:\/\/cryptonews.com\/cn\/#organization","name":"Cryptonews China","url":"https:\/\/cryptonews.com\/cn\/","logo":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/cryptonews.com\/cn\/#\/schema\/logo\/image\/","url":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/11\/2023\/09\/cropped-CryptoNews-Logo-1.png","contentUrl":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/11\/2023\/09\/cropped-CryptoNews-Logo-1.png","width":100,"height":91,"caption":"Cryptonews China"},"image":{"@id":"https:\/\/cryptonews.com\/cn\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/posts\/90217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/comments?post=90217"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/posts\/90217\/revisions"}],"wp:attachment":[{"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/media?parent=90217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/categories?post=90217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/tags?post=90217"},{"taxonomy":"editors","embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/editors?post=90217"},{"taxonomy":"sponsored_companies","embeddable":true,"href":"https:\/\/cryptonews.com\/cn\/wp-json\/wp\/v2\/sponsored_companies?post=90217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}