On May 22, according to Coinglass data, as Bitcoin remains volatile, the current funding rates of major CEXs and DEXs indicate a weakening bearish market sentiment, as shown in the attached chart. BlockBeats notes that the funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applicable to perpetual contracts. It serves as a funding exchange mechanism between long and short traders, and the trading platform does not charge this fee. Instead, it adjusts the costs or returns for traders holding contracts to keep the contract prices close to the underlying asset prices. A funding rate of 0.01% indicates a baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. Conversely, when the funding rate is below 0.005%, it indicates a generally bearish market.