The current mainstream CEX and DEX funding rates indicate a divergence in market trends, with bearish and neutral sentiments coexisting.

On August 4, according to Coinglass data, the current funding rates of mainstream CEX and DEX show a divergence in market direction, with bearish and neutral sentiments coexisting. The specific funding rates of mainstream tokens are shown in the attached image. BlockBeats notes: funding rates are set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of underlying assets, typically applicable to Perptual Futures. It is a mechanism for capital exchange between long and short traders; the trading platform does not charge this fee, which is used to adjust the costs or returns of traders holding contracts to keep contract prices close to the prices of underlying assets. 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.