Gate News reports that on March 12, according to Coinglass data, Bitcoin’s volatility has been narrowing over the past two days. Currently, mainstream CEX and DEX funding rates indicate a broadly bearish market, with major tokens like Bitcoin and Ethereum showing negative rates.
Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and 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; it is used to adjust the cost or profit for traders holding contracts, ensuring the contract price stays close to the underlying asset price.
A funding rate of 0.01% indicates the baseline rate; a rate above 0.01% suggests a generally bullish market; a rate below 0.005% 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.
