According to CoinMeta, the long-term negative funding fee for CXMT has turned positive, and the largest short position faces a turning point. The price of CXMT has fallen from around $8.813 to $8.369, representing a decrease of about 5.03% in the past 4 hours. The maximum floating loss for the largest short position has narrowed from approximately $6.69 million to $5.4036 million, a reduction of about $1.29 million. Currently, there are 2.9006 million CXMT held, with an average opening price of $6.505, and the position is valued at about $24.2723 million. Since opening the position, the short holder has paid a total of about $4.5895 million in funding fees, and the combined floating loss and funding fee cost amounts to about $9.9931 million. The funding fee rate for CXMT has been negative for a long time, with a cumulative hourly rate of about -12.31% in the past 30 days. Starting from 5:00 today, the latest settled rate has been positive for 7 consecutive hours, with a settlement value of +0.000625% at 11:00. In the recent 4 hours, the number of CXMT contracts has increased from 6.9256 million to 6.9467 million (+0.30%), and the value in US dollars for OI has decreased from $61.0335 million to $58.1164 million (-4.78%).