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The current mainstream CEX and DEX funding rates show that the market continues to be differentiated, with bullish and bearish sentiments coexisting.
On April 28, according to Coinglass data, the current funding rates of mainstream CEX and DEX show a continued market divergence, with both bullish and bearish sentiments coexisting. The specific funding rates of mainstream tokens are shown in the attached image. BlockBeats notes: funding rates are the rates set by crypto assets trading platforms to maintain the balance between contract prices and the prices of the underlying assets, usually applicable to perpetual futures. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee, which is used to adjust the cost or yield of the contracts held by traders to keep contract prices close to the prices of the underlying assets. 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.