The current funding rates of mainstream CEX and DEX show that the market remains neutral and has not yet turned fully bullish.

On May 14, according to Coinglass data, the current funding rates for mainstream CEX and DEX indicate that the market remains neutral and has not fully turned bullish. The specific funding rates for mainstream coins are shown in the attached image. Note from BlockBeats: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and underlying asset prices, 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; it is used to adjust the cost or profit of traders holding contracts 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.