The current mainstream CEX and DEX funding rate indicators show that the market has slightly returned to a neutral state after experiencing a significant overall decline.

BlockBeats News, November 15th, according to Coinglass data, the current mainstream CEX and DEX funding rates show that after experiencing a recent one-sided sharp drop in the crypto market, participants are still maintaining an overall bearish sentiment, but some asset trading pairs' funding rates have returned to neutral.

BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a funding exchange mechanism between long and short traders, and the trading platform does not collect this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.

When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market.