[The funding rate is 0.01%, which is the benchmark rate. A rate greater than 0.01% indicates a bullish market, while a rate less than 0.005% indicates a bearish market.] The funding rate is the rate set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, applicable to perpetual contracts. The funding rate is a mechanism for capital exchange between long and short traders, and the trading platform does not charge this fee. A funding rate of 0.01% is the benchmark rate; a rate greater than 0.01% indicates a bullish market, while a rate less than 0.005% indicates a bearish market. $BTC $OP $ARB

ARB
0.2014
+4.62%

OP
0.2951
+3.43%

BTC
87,914.72
+2.35%
