BlockBeats news, on August 14, according to Coinglass data, the funding rates of mainstream CEX and DEX show that the market bullish sentiment has not entered the overheating zone, with the funding rate of mainstream crypto assets contracts on CEX maintaining a neutral base rate (0.01%). BlockBeats notes: funding rates are the rates set by crypto assets trading platforms to maintain the balance between the contract prices and the underlying asset prices, usually applicable to Perptual Futures. It is a mechanism for fund exchange between long and short traders, and the trading platform does not charge this fee, which 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 indicates the Benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market.
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Current mainstream CEX and DEX funding rates indicate that the market bullish sentiment has not entered an overheated range.
BlockBeats news, on August 14, according to Coinglass data, the funding rates of mainstream CEX and DEX show that the market bullish sentiment has not entered the overheating zone, with the funding rate of mainstream crypto assets contracts on CEX maintaining a neutral base rate (0.01%). BlockBeats notes: funding rates are the rates set by crypto assets trading platforms to maintain the balance between the contract prices and the underlying asset prices, usually applicable to Perptual Futures. It is a mechanism for fund exchange between long and short traders, and the trading platform does not charge this fee, which 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 indicates the Benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market.