Data: The price difference between ESPORTS on-chain and Binance contracts reached a maximum of 45%, and the funding rate is negative

According to on-chain analyst Ai Yi's monitoring, the ESPORTS on-chain has a price difference of up to 45% with Binance contracts, and the funding rate is negative. The current on-chain price is $0.04072, the current Binance contract price is $0.0492, with a price difference of 20.8%. The reason is as follows: Currently, Gate, Mxc, and Bitget have all suspended token deposits, leading to a price difference between on-chain and centralized exchanges that cannot be arbitraged.

The Binance contract price index references Gate (10.52%), Mxc (15.78%), Bitget (15.78%), PancakeswapV3 (52.63%), and Binance contracts (5.26%). When the latest price of a certain price source deviates from the median price of other prices by more than 3%, the value of that price source will be adjusted to 1.03 or 0.97 times. Due to the prices of other centralized exchanges being significantly higher than on-chain due to the suspension of deposits, the Binance contract price is distorted.