Current Mainstream CEX, DEX Funding Rates Show Market Remains Generally Bearish
Article is form followin
September 17, 2024
This article is translated by ChatGPT Show original
September 17, according to Coinglass data, the current funding rates across major CEX and DEX platforms indicate a general bearish sentiment in the market. For example, the current BTC USDT and USD contract trading pairs funding rates on major platforms are as follows:
- Binance: -0.0011%
- OKX: 0.0001%
- dYdX: 0.0108%
- Bybit: 0.0025%
- Vertex: 0.001%
- Bitget: -0.0022%
BlockBeats Note: When the funding rate is 0.01%, it is shown in black, representing the base rate. When the funding rate is above 0.01%, it is shown in red, representing a general bullish sentiment. When the funding rate is below 0.005%, it is shown in green, representing a general bearish sentiment. The stronger the bearish or bullish sentiment, the darker the color.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.