Recent data from BlockBeats reveals that funding rates on major cryptocurrency exchanges, both centralized and decentralized (DEX), have shifted towards a bearish trend. These funding rates act as a mechanism for trading platforms to maintain balance between contract prices and the underlying asset prices, particularly relevant in perpetual contracts. They facilitate fund exchange between long and short traders without incurring fees, thereby adjusting cost or profit associated with holding these contracts, ensuring that price remains close to asset value. A benchmark funding rate of 0.01% is typically used as a baseline. When this rate exceeds 0.01%, it signals a bullish market sentiment, while falling below 0.005% suggests bearish sentiment.