The current mainstream CEX and DEX funding rates show that the market continues to differentiate, with both bullish and bearish coexisting

On April 28, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the market continues to differentiate, with both bullish and bearish coexisting. The specific mainstream currency funding rates are shown in the accompanying drawings.
Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price, and are generally applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or benefit of the trader holding the contract to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it means the market is generally bullish. When the funding rate is less than 0.005%, it means the market is generally bearish.