![Over $600M Locked in Open Dogecoin (DOGE) Futures With Meme Coin at 8-Month High on 10th Anniversary Over $600M Locked in Open Dogecoin (DOGE) Futures With Meme Coin at 8-Month High on 10th Anniversary](https://digitallifegaming.com/wp-content/uploads/2023/12/YNS5O3Y3VVAFHN4ZKJCRGXGSIQ-768x402.png)
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[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
Funding rates on several exchanges have surged to an annualized 50% or more, indicating a steep premium in perpetual futures relative to spot prices, Velo Data data show. Positive rates indicate investor preference for long, or bullish, bets and reflect collective optimism that prices will likely increase.
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