Current mainstream CEX and DEX funding rates show market direction divergence, with bullish and neutral coexist.

On August 10, according to Coinglass data, the current funding rates for mainstream CEX and DEX show a divergence in market direction, with bullish and neutral sentiments coexisting. Specific funding rates for mainstream coins are shown in the attached image. BlockBeats note: Funding rates are fees set by crypto trading platforms to maintain a balance between the contract price and the underlying asset price, typically applicable to Perptual Futures. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee, which is used to adjust the costs or returns for traders holding contracts to keep the contract price close to the underlying asset price. 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 indicates a generally bearish market.