According to Coinglass data from October 15th, funding rates on major CEXs and DEXs indicate that, after several days of adjustment, the market remains clearly bearish. The specific funding rates are shown in the chart below. Note from Coinglass: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the price of the underlying asset. They typically apply to perpetual swaps. Funding rates are a mechanism for exchanging funds between long and short traders. Trading platforms do not charge this fee, but rather adjust the cost or benefit 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.