Bitcoin Funding Rates Return to Neutral as Altcoins Remain Bearish

COINOTAG News, citing Coinglass data on November 10, indicates funding rates across major CEXs and DEXs have shown a near three‑day rebound, yet market participants remain cautious on altcoins.

For Bitcoin and Ethereum, the current funding rates have settled into a neutral range, signaling a balanced tug between bulls and bears even as broader risk appetite cools.

The funding rate is a mechanism used on perpetual contracts by exchanges to align contract prices with the underlying asset through periodic transfers between long and short positions.

Baseline dynamics show a 0.01% threshold; readings above this level suggest a generally bullish bias, while readings below 0.005% imply a bearish environment.