Bitcoin Bearish Funding Rates Persist Across Major CEX and DEX, Coinglass Data Shows

COINOTAG, citing Coinglass data on December 18, shows that funding rates for mainstream exchanges’ perpetual contracts remain muted, signaling a cautious stance in the crypto market. Across both CEX and DEX venues, readings hover near the baseline, implying limited long–short pressure and restrained drift for the near term.

Fundamental concept: The funding rate is a fee mechanism designed to tether contract prices to the underlying asset, applicable to perpetual contracts. A rate around 0.01% is the benchmark; readings above indicate bullish momentum, while readings below 0.005% imply a bearish bias. The latest readings suggest subdued upside potential, encouraging cautious positioning as markets digest ongoing cryptocurrency funding rate dynamics.