- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
The current mainstream CEX and DEX funding rate displays a divergence in market direction, with both bullish and neutral perspectives coexisting.
BlockBeats News, August 10th, according to Coinglass data, the current mainstream CEX and DEX funding rates show a divergent market trend, with both bullish and neutral sentiments. Specific funding rates for major coins are as shown in the attached image.
BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price, usually applied to perpetual contracts. It is a mechanism for fund exchange between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market sentiment. When the funding rate is less than 0.005%, it indicates a generally bearish market sentiment.
You may also like
Gainers
Latest Crypto News
Six Departments: Support Enterprises in Applying Metaverse, Artificial Intelligence, Blockchain, and other Digital Technologies, and Promote the Orderly Development of Platform Economy
Dogecoin Spot ETF Trades $1.41 Million on First Day with No Net Inflows/Outflows
Ethena's affiliated address transferred out 125 million ENA from a CEX, equivalent to approximately $34.15 million.
Robinhood: Predicting the Market is Becoming the Fastest-Growing Revenue Stream
Strategy has transferred 58,390 BTC to Fidelity Custody in the past 2 months to reduce reliance on Coinbase.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App