The current funding rates of mainstream CEX and DEX show that the market has basically returned to neutral.

BlockBeats news, on July 3, according to Coinglass data, the current funding rates of mainstream CEX and DEX indicate that the market has basically returned to neutral, no longer showing a comprehensive Bearish momentum. The specific funding rates of mainstream tokens are shown in the attached image. BlockBeats note: funding rates are the rates set by crypto assets trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applicable to Perptual Futures. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee, used to adjust the cost or profit of the contracts held by traders, to keep the contract price close to the price of the underlying asset. When the funding rate is 0.01%, it represents 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 represents a generally bearish market.