The funding rates of current mainstream CEX and DEX are warming up, and the market is returning to rationality.

On April 21, the current funding rates of mainstream CEX and DEX have warmed up, and the market is returning to rationality. The specific funding rates of mainstream tokens are shown in the attached image. Note from BlockBeats: 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 perpetual futures. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee. Instead, it is used to adjust the cost or return of the contracts held by traders, so that the 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.