According to BlockBeats, on March 24, according to Coinglass data, the current mainstream CEX and DEX capital rates show that the crypto market has returned to neutral and is no longer bearish in all aspects, but it is not bullish. The specific funding rates of mainstream currencies are shown in the attached figure. BlockBeats Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price. They are usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or benefit of the trader holding a contract to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the base rate. When the capital fee rate is greater than 0.01%, it means that the market is generally bullish. When the capital rate is less than 0.005%, it means that the market is generally bearish.
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection20
like30
share