The current mainstream CEX and DEX funding rates indicate that the market has slightly returned to neutrality.

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BlockBeats news, April 1, according to Coinglass data, as Bitcoin briefly rebounded this morning and touched $68,000, the current mainstream CEX and DEX funding rates indicate that market bearish sentiment has eased, and the rates are beginning to return to neutral. The specific funding rates are shown in the attached chart.

BlockBeats note: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between the futures contract price and the underlying asset price. They are typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders. The trading platform does not charge this fee; it is used to adjust the costs or gains for traders holding contracts, ensuring the contract price remains close to the underlying asset price.

When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate exceeds 0.01%, it suggests the market is generally bullish. When the funding rate is below 0.005%, it indicates the market is generally bearish.

BTC2.18%
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