Current mainstream CEX and DEX funding rates indicate that the market is still in a neutral state.

On July 14, according to Coinglass data, the current funding rates for mainstream CEX and DEX indicate that the market is still in a neutral position. The specific funding rates for 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 the underlying assets, typically applicable to perpetual futures. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee, which is used to adjust the cost or profit of holding contracts for traders, keeping the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark 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.