Ice and Fire Island Options Notes | 2026.06.04 Update: ETH
ETH is currently hovering around 1,815, down 2.88% in the last 24 hours. The intraday low was 1,766.6 and the high was 1,890.45. The perpetual funding rate shows a positive rate of +0.00013%, with funding sentiment diverging from BTC (which has a negative rate).
For the Friday settlement contract ETH-5JUN26, open interest is at 90,573 contracts, with a mid price of 1,815.13, showing a discount close to par. The end of the month contract on 26JUN26 has an open interest of 99,380,000 contracts, with a mid price of 1,817.13. The September contract on 25SEP26 has an open interest of 61,420,000 contracts, with a mid price of 1,828.63, and the term structure shows a contango of about 13.5 points.
ETH's current drop of (-2.88%) is less severe than BTC's (-3.55%). The positive funding rate for ETH vs BTC's negative rate indicates a divergence in market forces. The settlement discount is also significantly smaller than BTC's, suggesting that sentiment around ETH is relatively stable. Moving forward, keep an eye on whether ETH can establish support around 1,800; if BTC rebounds, ETH usually shows greater elasticity.
#ETH #BTC #期权 #Ice and Fire Island
ETH is currently hovering around 1,815, down 2.88% in the last 24 hours. The intraday low was 1,766.6 and the high was 1,890.45. The perpetual funding rate shows a positive rate of +0.00013%, with funding sentiment diverging from BTC (which has a negative rate).
For the Friday settlement contract ETH-5JUN26, open interest is at 90,573 contracts, with a mid price of 1,815.13, showing a discount close to par. The end of the month contract on 26JUN26 has an open interest of 99,380,000 contracts, with a mid price of 1,817.13. The September contract on 25SEP26 has an open interest of 61,420,000 contracts, with a mid price of 1,828.63, and the term structure shows a contango of about 13.5 points.
ETH's current drop of (-2.88%) is less severe than BTC's (-3.55%). The positive funding rate for ETH vs BTC's negative rate indicates a divergence in market forces. The settlement discount is also significantly smaller than BTC's, suggesting that sentiment around ETH is relatively stable. Moving forward, keep an eye on whether ETH can establish support around 1,800; if BTC rebounds, ETH usually shows greater elasticity.
#ETH #BTC #期权 #Ice and Fire Island