According to BlockBeats, Coinglass data from October 17th shows that funding rates on major CEXs and DEXs indicate a deepening bearish trend after last night's further decline, with the number of trading pairs with negative fees continuing to increase compared to yesterday. The specific funding rates are shown in the chart below. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the contract price and the price of the underlying asset, and are typically applied to perpetual contracts. They serve as a mechanism for exchanging funds between long and short traders, and are not charged by trading platforms. They are used to 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.