According to Coinglass data, as of December 5th, funding rates on major CEXs and DEXs indicate a continued bearish market sentiment. Specific funding rates for major cryptocurrencies are shown in the attached chart. Note from Coinglass: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It's a mechanism for exchanging funds between long and short traders; the trading platform does not charge this fee. It's used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market. A funding rate less than 0.005% indicates a generally bearish market.