Currently, the mainstream CEX and DEX funding rate indicates the market is further returning to neutrality after a rebound.

BlockBeats News, October 25th, according to Coinglass data, the current mainstream CEX and DEX funding rates show that after the recent market rebound, multiple asset trading pairs' funding rates have further returned to neutral, still leaning bearish overall. However, some trading pairs on certain trading platforms have started to show a positive funding rate. The specific funding rates are shown in the following graph.

BlockBeats Note: Funding Rate is a fee set by cryptocurrency trading platforms to keep the contract price balanced with the underlying asset price, typically applicable 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. When the funding rate is less than 0.005%, it indicates a generally bearish market.