According to BlockBeats, on May 17, Coinglass data shows that the funding rates for mainstream CEX and DEX are indicating that the market is leaning towards bearish trading. The funding rate is the rate set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets. A funding rate of 0.01% is the benchmark rate; a rate greater than 0.01% indicates a bullish market, while a rate less than 0.005% indicates a bearish market.