The current mainstream CEX and DEX funding rate display indicates that the market remains neutral, with no clear bullish sentiment yet.

On May 14th, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the market remains in a neutral position rather than being entirely bullish. The specific funding rates for mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.