Current mainstream CEX and DEX funding rates show a slight return to neutrality

BlockBeats news, on December 22, according to Coinglass data, after the market experienced a recent rise above $90,000, the BTC trading pair rates on platforms such as Binance, OKX, Bybit, and Bitget have returned to neutrality, while there are still large negative funding rates for altcoins like Ethereum. The specific funding rates for mainstream cryptocurrencies are shown in the attached image.

BlockBeats note: Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and trading platforms do not charge this fee, which is used to adjust the costs or returns of traders holding contracts to keep contract prices close to the prices of underlying assets.

When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish. #加密市场观察 #ETH走势分析