# NVIDIA-Linked Binance Derivative Falls 0.63% as Open Interest Rises

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28910
Published: 2026-10-09T11:50:19.000Z
Updated: 2026-10-09T11:50:19.000Z
Section: Investing

> The derivative traded at $234.68 while open interest rose 8.73% to 832,940 contracts valued at $207.9 million.

The NVIDIA-linked Binance derivative fell 0.63% to $234.68 over 24 hours as open interest rose 8.73%, showing increased outstanding exposure during the decline.

Open interest reached 832,940 contracts with a notional value of $207.9 million. The increase indicates that positions were added or maintained, but it does not show whether traders were predominantly bullish or bearish.

Account positioning leaned long at 5 a.m. ET (09:00 UTC) on Oct. 9. Binance’s global long-short ratio was 1.3218, with 56.9% of accounts net long and 43.1% net short.

Among top-trader accounts, the long-short ratio was 1.3929. Long positions accounted for 58.2%, compared with 41.8% for short positions.

The eight-hour funding rate stood at 0.0247%, meaning traders holding long positions paid those holding short positions.

The instrument is a crypto-market derivative linked to NVIDIA rather than NVIDIA common stock held through a U.S. brokerage account. Availability of stock-related products varies by jurisdiction, and the products carry market and volatility risks.