Funding rate data for December 5: Market sentiment remains bearish

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[BlockBeats] On December 5, I took a look at Coinglass’s data, and currently the funding rates on major exchanges and decentralized platforms are still skewed towards the bears.

To briefly explain what the funding rate is—it’s actually the capital flow between long and short positions in perpetual contracts, and the platform doesn’t take a cut. The main purpose is to keep the contract price from drifting too far from the spot price.

How to interpret it? 0.01% is considered a neutral benchmark. If it’s higher than this number, it means bullish sentiment is strong; if it’s lower than 0.005%, the bears are in control.

Looking at the current funding rate data for major cryptocurrencies, the market overall is still cautious. For the bulls to turn things around, we may need to wait for more definitive signals. For those trading perpetuals, make sure to calculate your holding costs carefully, since this rate is settled every few hours.

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PuzzledScholarvip
· 12-05 06:06
The funding rate for shorts is so low, it feels like we're about to get trapped.
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AlwaysQuestioningvip
· 12-05 06:02
Airdrops are coming again. These fees just never end.
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HashBardvip
· 12-05 06:00
yeah ngl the funding rates looking kinda grim rn... bears really got their claws in deep. that 0.005% threshold hitting different when everyone's sitting on the sidelines waiting for *something* to happen lmao
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SmartContractPlumbervip
· 12-05 05:57
Fees are nothing new; I've seen this situation countless times before. Shorts are profiting while longs are suffering—it's the same scenario playing out in the futures market again.
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MEVHunter_9000vip
· 12-05 05:56
The funding rate is still so low; it seems like longs will have to wait a bit longer.
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P2ENotWorkingvip
· 12-05 05:47
With such a low funding rate for shorts, what are you still waiting for? There's not even a sign of a rebound.
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WhaleWatchervip
· 12-05 05:40
The bears are so aggressive, we'll have to wait for another signal.
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