The current mainstream CEX and DEX funding rates indicate that the market is gradually returning to neutrality.

BlockBeats reports that on June 15, according to Coinglass data, the current funding rates for major CEX and DEX platforms indicate that the market is gradually returning to neutrality. The specific funding rates for major cryptocurrencies are shown in the attached image.

BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between the price of perpetual contracts and the price of the underlying asset. Funding rates are typically applied to perpetual contracts. This is a mechanism for the exchange of funds between long and short traders, and the trading platform does not collect this fee. Instead, it is used to adjust the cost or yield of holding perpetual contracts in order to keep the contract price close to the underlying asset price.

When the funding rate is at 0.01%, it represents the benchmark rate. If the funding rate is greater than 0.01%, it indicates that the market is generally bullish. If the funding rate is less than 0.005%, it indicates that the market is generally bearish.