Despite a prevailing bearish sentiment among some cryptocurrency tokens, funding rates across major exchanges have shown a slight increase according to data from Coinglass. This rise in funding rates on both centralized and decentralized platforms, as reported by BlockBeats, suggests the ongoing efforts of trading platforms to maintain balance between contract prices and asset prices. Specifically, these fees facilitate long-term traders’ transactions without platform charges. Funding rates provide an avenue for adjusting contract costs or profits, ensuring that contract prices remain in sync with underlying asset values. A funding rate of 0.01% signifies a baseline rate; when it surpasses this level, it indicates a generally bullish market sentiment. Conversely, a rate below 0.005% signals bearish market conditions.