The current mainstream CEX and DEX funding rates show that the market is not fully bullish
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最新报道：According to Coinglass data, on July 10, the current mainstream CEX and DEX funding rates show that the market is only neutral and not bullish. The Binance platform BTC contract funding rate has returned to 0.01% (less than 0.01% for some time before), and some trading platforms even have negative rates (more shorting) for trading pairs. Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between contract prices and underlying asset prices, and are usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee, which is used to adjust the cost or benefit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the base rate. When the funding rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.
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