The current prevailing CEX and DEX funding rate indicates that the market is no longer universally bearish.

BlockBeats News, April 14th, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the market is no longer generally bearish. The specific funding rates for mainstream coins are as shown in the image below.

BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between contract prices and underlying asset prices, usually applicable to perpetual contracts. It is a funding exchange mechanism 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 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.