Current mainstream CEX and DEX funding rates show the bearish momentum for BTC is weakening, while most platforms indicate that ETH is still in a bearish range.

June 13 — Per HTX market data, Bitcoin is currently trading at $63,552, with a 24-hour price change of +0.07%. Ethereum sits at $1,665, down 0.41% over the same window. Following a recent sharp sell-off, both assets have rebounded notably, with Bitcoin reclaiming the $63,000 level. Funding rates on major centralized exchanges (CEXs) reflect shifting market sentiment: Most Bitcoin funding rates have turned positive, signaling improving optimism. For Ethereum, however, the outlook is far more muted — ETH funding rates remain mostly bearish, with its recovery lagging significantly behind Bitcoin’s. On Bitcoin: While a handful of platforms still post funding rates below the 0.005% bearish threshold, overall bearish pressure has largely lifted. The funding rate structure has shifted from outright bearish to neutral and slightly warm. That said, top exchanges have not collectively crossed above the 0.01% benchmark, so formal bullish signals are still pending confirmation. Ethereum’s recovery pace trails Bitcoin’s by a wide margin. Major platforms still show mostly bearish funding rates for ETH, meaning its sentiment rebound is much weaker than BTC’s, with insufficient bullish momentum to drive a stronger uptick. BlockBeats Clarification: Funding rates are a mechanism crypto exchanges use to align perpetual contract prices with the underlying asset’s value. This is a funding exchange between long and short traders — exchanges do not collect these fees. The rates adjust the cost or profit for traders holding contract positions to keep contract prices closely tied to real-world asset values. The baseline rate is set at 0.01%: rates above this level signal a broadly bullish market, while rates below 0.005% indicate widespread bearish sentiment.