Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
On December 5, according to Coinglass data, the funding rates on major CEXs and DEXs indicate that the market remains bearish. The specific funding rates for major cryptocurrencies are shown in the attached image. Note from BitWorld: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between the contract price and the underlying asset price, typically applied to perpetual contracts. It is a mechanism for fund exchange between long and short traders; the trading platform does not collect this fee. It is used to adjust the cost or yield of holding a contract to keep the contract price close to the price of the underlying asset. When the funding rate is 0.01%, it is considered the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.