Current mainstream CEX and DEX funding rates indicate that the market has returned to a generally bearish trend.

On March 22, according to Coinglass data, the current funding rates of major CEX and DEX show that the crypto market has generally returned to a bearish trend. The specific funding rates for mainstream tokens are shown in the attached image. BlockBeats note: Funding rates are the rates set by crypto assets trading platforms to maintain the balance between contract prices and the prices of the underlying assets, usually applicable to Perptual Futures. It is a mechanism for the exchange of funds between long and short traders, and trading platforms do not charge this fee, which is used to adjust the cost or profit of traders holding contracts, so that contract prices remain close to the prices of the underlying assets. When the funding rate is 0.01%, it indicates the Benchmark 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.