Current Mainstream CEX and DEX Funding Rates Indicate Market Divergence with Bullish and Neutral Sentiments Coexisting

According to a report by Jinse Finance, Coinglass data shows that current funding rates on major CEXs and DEXs indicate a divergence in market trends, with both bullish and neutral sentiments coexisting. The specific funding rates for major cryptocurrencies are shown in the attached chart. Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders; the trading platform does not collect this fee. It is used to adjust the cost or yield of holding contracts, keeping contract prices close to those of the underlying assets. A funding rate of 0.01% represents the benchmark rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market. When the funding rate is below 0.005%, it suggests a generally bearish market.