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Analysis: The current mainstream CEX and DEX funding rates show that the market remains divided, with bearish and neutral coexistence

According to online reports, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the market remains divided, with bearish and neutral coexistence. The specific capital rates in mainstream currencies are shown in the attached figure. It is reported that Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price, and are usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee and is used to adjust the trader's cost or benefit of holding the contract so that the contract price remains close to the price of the underlying asset. When the funding rate is 0.01%, the benchmark rate is represented. When the capital rate is greater than 0.01%, it means that the market is generally bullish. When the capital rate is less than 0.005%, it means that the market is generally bearish.

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