Bnb
Post
只会呐喊的尖刀手
·
--
On July 20, according to Coinglass data, as Bitcoin today weakens and remains range-bound, the current mainstream CEX and DEX funding rates indicate that the bearish sentiment in the market has weakened. Specifically, the funding rates are shown in the accompanying chart.
BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the futures contract price and the price of the underlying asset, typically applied to perpetual contracts. It is a funding exchange mechanism between long and short traders. The trading platform does not collect this fee; instead, it is used to adjust the cost or profit of traders holding contracts, so that the contract price stays close to the underlying asset price.
When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it generally means the market is bullish. When the funding rate is less than 0.005%, it generally means the market is bearish.
BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the futures contract price and the price of the underlying asset, typically applied to perpetual contracts. It is a funding exchange mechanism between long and short traders. The trading platform does not collect this fee; instead, it is used to adjust the cost or profit of traders holding contracts, so that the contract price stays close to the underlying asset price.
When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it generally means the market is bullish. When the funding rate is less than 0.005%, it generally means the market is bearish.