According to BlockBeats, Coinglass data from October 10th shows that after nearly two days of decline in the crypto market, funding rates on major CEXs and DEXs indicate that the market remains neutral, but has shifted to a bearish trend, particularly for BTC, ETH, and SOL. The specific funding rates are shown in the chart below. BlockBeats Note: Funding rates are fees set by cryptocurrency exchanges to maintain a balance between the contract price and the price of the underlying asset. They typically apply to perpetual swaps. They serve as a mechanism for exchanging funds between long and short traders. Trading platforms do not charge this fee, but rather adjust the cost or reward of holding contracts to keep the contract price close to the price of the underlying asset. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market outlook. A funding rate less than 0.005% indicates a generally bearish market outlook.