What exactly is that funding rate in the #数字货币市场洞察 contract? Simply put, it's the "borrowing cost" mutually charged between longs and shorts.

What does a skyrocketing rate mean? It means the longs are going crazy, willing to leverage with real money to bet on a rise. On the other hand, if the rate is close to zero or even negative, the shorts are in control, and the longs aren't even willing to pay the cost to hold positions.

How do you gauge market sentiment? Around 0.01% is normal; above 0.01% indicates bulls are dominant, below 0.005% or negative means bears have the upper hand. This rule is especially obvious for mainstream coins like $BTC $ETH —by watching the funding rate change, you can see the real direction of the money.