May 13th, according to Coinglass data, as Bitcoin slightly weakens to $81k, the current mainstream CEX and DEX funding rates indicate the market has slightly returned to neutrality, with specific funding rates shown in the attached chart.

BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It is a mechanism for exchanging funds between long and short traders; the trading platform does not charge this fee, but it is used to adjust the cost or profit for traders holding contracts, keeping the contract price close to the underlying asset price.

When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market. #Gate广场五月交易分享