Current mainstream CEX and DEX funding rates show a divergence in market trends, with a coexistence of bearish and neutral sentiments.

BlockBeats News, May 19th, according to Coinglass data, the current mainstream CEX and DEX funding rates show a divergent market trend with a mix of bearish and neutral sentiments. Specific funding rates for major coins are shown in the attached image.

BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to keep the contract price balanced with the underlying asset price, 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 the contract 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 above 0.01%, it indicates a generally bullish market sentiment. When the funding rate is below 0.005%, it indicates a generally bearish market sentiment.