Samsung Perpetual Futures Hold Near 20-Day Average
The SAMSUNGUSDT contract traded close to its 20-day moving average as open interest climbed on Binance Futures.
Updated on Nov. 4, 2026 in Investing
SAMSUNGUSDT, a perpetual futures contract on Binance, was priced at $164.73 at 9:30 a.m. ET on Nov. 4, down 0.12% over 24 hours. The contract sat close to its 20-day simple moving average of $163.86 while open interest rose 5.86% to 165,087.20 contracts.
Why it matters
The price sitting near short-term averages while positioning shifts toward longs and open interest expands signals a market still deciding its direction. Traders watching leverage and funding costs can read these figures as indicators of how crowded the trade has become.
The daily relative strength index stood at 44.61, below the neutral 50 level, while the 24-hour range ran from $156.26 to $170.30. Taker sell volume of 13,697 outpaced taker buy volume of 10,210 in the one-hour window, a buy-to-sell ratio of 0.7454.
The players
Binance
Binance is a major global cryptocurrency exchange that offers spot and derivatives trading, including perpetual futures contracts.
The details
The 24-hour range of $156.26 to $170.30 was wide relative to the price, and the contract remained well below its 50-day average of $182.71. The funding rate was 0.0108% per eight hours, meaning long holders paid short holders, while 74.6% of Binance global accounts were positioned long.
Timeline
Nov. 4, 2026, 9:30 a.m. ET: SAMSUNGUSDT priced at $164.73 near its 20-day average.
Over the prior 24 hours: Open interest on Binance Futures rose 5.86%.
Market Dynamics
Perpetual futures use periodic funding payments to keep contract prices tethered to spot prices, and the 0.0108% funding rate reported here shows longs paying shorts. This snapshot places SAMSUNGUSDT inside that mechanism as positioning tilts long while price stays below its 50-day average.
For traders holding leveraged positions, the 0.0108% funding payment every eight hours adds a recurring cost to long exposure. Anyone monitoring the contract should weigh that carrying cost against the price staying below its 50-day average.
The takeaway
Perpetual futures prices and open interest can shift quickly, so readers should check funding rates and volume before drawing conclusions. A single snapshot reveals positioning but not the direction of the next move.
Further reading
For broader context on how derivatives like this are priced and traded, see Investing.
