Coinglass Reports Bearish Funding Rates Across Major Crypto Exchanges
Data from Coinglass shows mainstream centralized (CEX) and decentralized (DEX) exchanges have broadly negative funding rates, indicating higher costs for long traders.
Summary
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Terms & Concepts
Funding Rate: The periodic payment between long and short traders in perpetual contracts, designed to keep contract prices aligned with spot prices.
Perpetual Contract: A type of cryptocurrency futures contract without an expiry date, allowing continuous trading.
CEX and DEX: CEX refers to centralized exchanges, while DEX refers to decentralized exchanges for cryptocurrency trading.