The current mainstream CEX and DEX funding rates show that the market continues to diverge, with both bullish and bearish trends coexisting
On April 28th, according to Coinglass data, the current mainstream CEX and DEX funding rates show a continued differentiation in the market, with both bullish and bearish sentiments coexisting. Specific mainstream currency funding rates are as shown in the attached image.
Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between contract prices and underlying asset prices, usually 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 in order to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the benchmark 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders Rush to Unstaked for 2,700% ROI Opportunity! DOGE & HBAR News Signals Uncertainty
Find out why recent HBAR news signals price uncertainty, while Dogecoin flirts with bullish momentum. Plus, get the full scoop on Unstaked’s AI agents and its 27x ROI potential.HBAR News: $0.18 Resistance Level Sparks CautionDogecoin Price Recovers Strongly After Breakdown TrapUnstaked: Build AI That Works While You SleepWhich Is the Top Crypto to Buy?

Tether posts $1 billion Q1 profit with $5.6 billion reserves

Stocks and Bitcoin rally together as decoupling theory fades

Australian election will lead to pro-crypto laws regardless of winner

Trending news
MoreCrypto prices
More








