Analysis: The current funding rates of mainstream CEX and DEX show that the market remains differentiated, with bearish and neutral sentiments coexisting.

CoinVoice has learned that, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the market remains differentiated, with bearish and neutral sentiments coexisting. The specific funding rates for mainstream cryptocurrencies are shown in the attached image.

It is reported that the funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price 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 represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market. [Original link]