Current mainstream CEX and DEX funding rates indicate the market is slightly returning to neutrality.

BlockBeats News, December 17, according to Coinglass data, the current funding rates on mainstream CEX and DEX platforms show that after a rebound over the past two days, the BTC contract funding rate on a certain exchange has returned from a previous negative rate to neutral. The specific funding rates for mainstream tokens are 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, usually applied to perpetual contracts. It is a mechanism for capital exchange between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts, so that the contract price remains close to the underlying asset price.

When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.