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Current mainstream CEX and DEX funding rates indicate market remains in neutral stance
Summary: According to Coinglass data, the current mainstream CEX and DEX funding rates indicate that the market remains in a neutral stance. Specific funding rates for mainstream coins are shown in the attached image. Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and underlying asset prices, typically used for ...
According to Coinglass data, the current mainstream CEX and DEX funding rates indicate that the market remains in a neutral stance. Specific funding rates for mainstream coins are shown in the attached image. Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and underlying asset prices, typically used for perpetual contracts. It is a mechanism for fund exchange between long and short traders, with the platform not charging this fee, used to adjust the cost or profit of traders holding contracts to keep contract prices close to underlying asset prices. A funding rate of 0.01% represents the baseline rate. A funding rate above 0.01% indicates a generally bullish market, while a funding rate below 0.005% indicates a generally bearish market.
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