According to Coinglass data, the current mainstream CEX and DEX capital rates show that the crypto market is fully bearish. The specific mainstream currency funding rates are shown in the attached figure. Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price. They are usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or benefit of the trader holding a contract to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the base rate. When the capital fee rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.

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