Current mainstream CEX and DEX funding rate displays market in a full bearish position

On April 7, Coinglass data shows that as Bitcoin rebounded slightly and briefly topped $69,000, funding rates across major centralized exchanges (CEX) and decentralized exchanges (DEX) leaned predominantly bearish. Specific funding rate details are included in the attached image. **BlockBeats Note**: Funding rates are fees exchanges set to keep crypto contract prices in line with underlying asset values—most commonly applied to perpetual contracts. They facilitate fund transfers between long and short traders; exchanges do not collect these fees. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to the underlying asset’s price. **Rate Benchmarks**: - 0.01% = Baseline - Above 0.01% = Broadly bullish - Below 0.005% = Generally bearish