Current mainstream CEX and DEX funding rates indicate the market is slightly returning to neutral.

BlockBeats news, on May 13, according to Coinglass data, as Bitcoin slightly weakened to $81,000, the current funding rates on mainstream CEX and DEX platforms show that the market has mildly returned to neutral. The specific funding rates are shown in the attached image.

BlockBeats note: Funding rate is a fee set by cryptocurrency trading platforms to maintain balance between contract prices and underlying asset prices, usually applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders. The trading platform does not collect this fee; it is used to adjust the cost or income for traders holding contracts, keeping contract prices close to their underlying asset prices.

When the funding rate is 0.01%, it indicates the base level. If the funding rate is above 0.01%, it means the market is generally bullish. If the funding rate is below 0.005%, it means the market is generally bearish.