The current funding rates of mainstream CEX and DEX indicate a continuation of market divergence, with bearish and neutral sentiments coexisting.

On August 17, according to Coinglass data, the current funding rates for mainstream CEX and DEX show a continued divergence in the market, with bearish and neutral sentiments coexisting. The specific funding rates for mainstream tokens are shown in the attached image. BlockBeats note: Funding rates are the rates set by crypto assets trading platforms to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual futures. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee; it is used to adjust the cost or returns of the contracts held by traders to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market.