Data: The current mainstream CEX and DEX funding rates show a divergence in market trends, with bearish and neutral sentiments coexisting

ChainCatcher message, according to Coinglass data, currently shows a divergence in market trends with funding rates for mainstream CEX and DEX indicating a mix of bearish and neutral sentiments. The specific funding rates for 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 mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee; instead, it is used to adjust the cost or profit of the contracts held by traders 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 indicates a generally bearish market.