ChainCatcher reports that, according to Coinglass data, as Bitcoin slightly pulls back and maintains a range-bound movement, the funding rates on major CEX and DEX platforms indicate that the market is once again turning fully bearish.
Specific funding rates for major cryptocurrencies are shown in the attached chart. Funding rates are fees set by cryptocurrency trading platforms to keep the contract prices aligned with the underlying asset prices, typically applicable to perpetual contracts. They serve as a mechanism for transferring funds between long and short traders; the platform does not charge this fee. The funding rate adjusts the cost or profit for traders holding contracts to keep the contract price close to the underlying asset price. A funding rate of 0.01% indicates the baseline rate. When the funding rate exceeds 0.01%, it suggests a generally bullish market. When it is below 0.005%, it indicates a generally bearish market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy 优先股 STRC 本周筹资可购买 4,535 枚 BTC
Gate News update: April 3, according to monitoring by BitcoinTreasuries.NET, the preferred shares STRC issued by Strategy are expected to raise enough this week to buy 4,535 Bitcoins.
GateNews13m ago
South Korean drug crime suspect Park Wang-yeol was handed over to prosecutors, and authorities will investigate his Bitcoin transaction records
Park Wang-yeol was referred to prosecutors over allegations of large-scale drug trafficking from the Philippines. During the period from November 2019 to July 2024, he was involved in smuggling illegal drugs, generating illegal proceeds totaling 6.8 billion won and bringing the total crime scale to 13.1 billion won. Police will pursue his concealed funds and records of Bitcoin transactions.
GateNews28m ago
CryptoQuant: Bitcoin derivatives market dominated by short positions, and the positioning index falls to -3.1
In recent weeks, the Bitcoin derivatives market has been dominated by shorts. The positioning index has continued to fall, and the price has dropped from $73,925 to $66,603. Long positions are facing strong liquidation pressure; the market lacks reversal support, and there is downside risk.
GateNews53m ago
MARA Sells 15,000 Bitcoins and Cuts 15% of Its Workforce: Behind the AI Pivot, Mining Companies’ Business Models Are Being Rewritten
MARA Holdings announced layoffs of 15% and sold 15,133 bitcoins, raising about $1.1 billion to repurchase debt and support its transition, with the CEO calling it a strategic adjustment. The company is shifting its focus to artificial intelligence and energy infrastructure, reducing its bitcoin holdings by 28%. This move reflects a reshaping of the business logic of mining companies, gradually evolving toward diversification.
GateNews1h ago
