Funding Rates on Major CEXs and DEXs Return to Neutral
BIBIBI
AT A GLANCE
According to Coinglass data, funding rates on major CEXs and DEXs indicate that the market has returned to a neutral range.
Article
Funding rates across major CEXs and DEXs show the market has returned to a neutral range
BlockBeats news,September 22, according to Coinglass data, as Bitcoin strongly broke above 86000 USD and then continued to fluctuate, funding rates across major CEXs and DEXs currently indicate that the market has returned to a neutral range. The specific funding rates are shown in the attached image.
BlockBeats note: A funding rate is a rate set by cryptocurrency trading platforms to maintain balance between contract prices and underlying-asset prices, and generally applies to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders; trading platforms do not collect this fee. It adjusts the cost or return of holding contracts so that contract prices remain close to underlying-asset prices.
When the funding rate is 0.01%, it indicates 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.
Original link:https://m.theblockbeats.info/flash/368438
Key points
01
BlockBeats published this news item on September 22.
02
The report states that the data came from Coinglass.
03
The report states that Bitcoin continued to fluctuate after breaking above 86000 USD.
04
The report states that current funding rates on major CEXs and DEXs indicate that the market has returned to a neutral range.
05
The original note states that funding rates generally apply to perpetual contracts, constitute a mechanism for exchanging funds between long and short traders, and are not collected by trading platforms.
06
The original text states that a funding rate of 0.01% indicates the benchmark rate; above 0.01% indicates that the market is generally bullish; below 0.005% indicates that the market is generally bearish.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Funding rates help keep contract prices close to underlying-asset prices and affect the costs or returns of contract holders. The article considers current funding rates on major platforms to be within a neutral range.
Why it matters to readers
Under the criteria provided in the original text, funding rates can be used to observe whether the overall market is bullish, bearish, or neutral.
Beginners can use funding rates as one indicator of sentiment in the perpetual-contract market, but this article does not provide the specific platforms or funding-rate figures shown in the attached image.
Risks and unknowns
The attached image is not included in evidence.text, so the specific funding rates for each CEX and DEX cannot be verified.
The Coinglass data and the conclusion that the market has returned to a neutral range cannot be verified from the text alone.
The text specifies only September 22 and does not state the year.
The text does not specify which platforms are included among the “major CEXs and DEXs”.
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Related concepts
Funding Rate
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
