The BTC contract funding rate returns to 0.01%, and market sentiment remains neutral.

According to data from the data platform, the current funding rates on mainstream trading platforms indicate that the market is only maintaining a neutral stance and is not fully bullish. The BTC contract funding rate on a certain trading platform has returned to 0.01% (previously it was less than 0.01% for a period of time), and some trading platforms even show negative rates for trading pairs (indicating more shorting). The specific funding rates for mainstream tokens are shown in the attached image.

Note: The funding rate is a rate set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and trading platforms do not charge this fee. It is used to adjust the cost or profit of traders holding contracts, in order to keep the contract price close to the underlying asset price.

When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.

BTC0.1%
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ETHReserveBankvip
· 07-12 08:45
bull p a hammer The market is just weak
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TokenUnlockervip
· 07-10 00:24
The funding rate has dropped again, and there are still quite a few bears.
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GasFeeSobbervip
· 07-10 00:20
Suckers, fighting! Keep shorting more!
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WagmiOrRektvip
· 07-10 00:17
The bearish PI always wins
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LayerZeroEnjoyervip
· 07-10 00:16
Scared, scared, the market doesn't dare to take a gamble.
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