According to BlockBeats, on April 2, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the crypto market is still in a bearish trend. 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.