Currently, the funding rates of mainstream CEX and DEX indicate that the market remains overall bearish. The specific funding rates of mainstream cryptocurrencies are shown in the attached image.
Note: Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of the underlying assets, usually applicable to perpetual contracts. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee; it is used to adjust the costs or profits of traders holding contracts to keep the contract prices close to the prices of the underlying assets.
When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market. $BTC
{future}(BTCUSDT)
#加密市场反弹