Current mainstream CEX and DEX funding rate displays indicate the market remains significantly bearish

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BlockBeats News, May 25th, according to Coinglass data, as Bitcoin remains volatile with slight upward movement, the current mainstream CEX and DEX funding rates indicate the market remains significantly bearish, with specific funding rates shown in the attached chart.

BlockBeats Note: Funding rates are rates 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 transferring funds between long and short traders; the trading platform does not charge this fee, but uses it 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.

BTC0.54%
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FeeMarketMonk
· 2h ago
The explanation of the funding rate is quite clear; beginners can save this one.
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GateUser-8df0eb2b
· 2h ago
The market is bearish but prices haven't fallen; this kind of stalemate is the most frustrating.
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HalfLifeHodler
· 2h ago
Many people are unaware of the fact that the funding rate standard is 0.01%. Thank you for the popular science explanation.
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ReviewMonsterDoesn'tSleep
· 2h ago
Slightly higher but the funding rate remains unchanged, this kind of divergence is either a market maker absorbing positions or a false move.
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GateUser-e5e2e632
· 2h ago
DEX and CEX data are both relatively weak; it's hard to say how long this rebound can last.
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GateUser-04e4dac2
· 2h ago
The data from May 25th, it's a bit delayed since it's only being released now.
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GateUser-c3de680b
· 2h ago
I look at Coinglass data every day, and recently the bearish sentiment has been quite strong.
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