On July 12, according to Coinglass data, as Bitcoin dipped slightly today and remained range-bound, the current funding rates across major CEXs and DEXs show that the market has returned to a clearly bearish stance. The specific funding rates are shown in the attached image.

**BlockBeats Note:** The funding rate is a fee set by crypto trading platforms to maintain a balance between the contract price and the price of the underlying asset, and it is typically applied to **perpetual contracts**. It is a funding exchange mechanism between long and short traders. The trading platform does not collect this fee; it is used to adjust the cost or profit for traders holding contracts, so that the contract price stays close to the underlying asset price.

When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it means the market is generally bullish. When the funding rate is less than 0.005%, it means the market is generally bearish. #预测世界杯挪威VS英格兰