The BTC USDT or USD contract trading pair funding rates are Binance: 0.01%, OKX: 0.0091%, dYdX: 0.0501%, bybit: 0.01%, Vertex: 0.001%, and Bitget: 0.011%.
BlockBeats mentions that when the funding rate is 0.01%, it represents the base rate, with rates greater than 0.01% indicating a bullish market and rates below 0.005% suggesting a bearish market.
On October 19th, Bitcoin’s price reached $69,000, according to Coinglass data. However, current funding rates on CEX and DEX platforms (Binance, OKX, dYdX, bybit, Vertex, Bitget) demonstrate that the market is neither significantly bullish nor bearish.
