The current funding rates for mainstream CEX and DEX show that the market is returning to a neutral stance.

On July 19, according to Coinglass data, the current funding rates for mainstream CEX and DEX show the market returning to a neutral stance. 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 the trading platform does not charge this fee, which is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the price of the underlying asset. 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.