Jan. 25 — Per Coinglass data, as Bitcoin fell below $89k, current funding rates across major CEXs and DEXs show the market remains bearish on altcoins but relatively cautious on BTC and ETH. Some CEX trading pairs are posting neutral funding rates, and negative rates aren’t widespread among altcoins. Specific funding rates for top coins are available in the attached image. **BlockBeats Note:** Funding rates are fees set by crypto exchanges to align contract prices with the underlying asset’s price — typically applied to perpetual contracts. They facilitate fund transfers between long and short traders; exchanges do not collect this fee. The mechanism adjusts costs or profits for position holders to keep contract prices close to the underlying asset’s value. – A 0.01% rate is the baseline. – Rates above 0.01% signal a broadly bullish market. – Rates below 0.005% signal a broadly bearish market.
