According to ChainCatcher, citing data from Coinglass, BTC’s current 8-hour average funding rate across the network stands at 0.0004%. Funding rates are commonly used in perpetual futures markets as a periodic settlement mechanism between long and short positions, and the rate shown on each exchange can differ depending on conditions in that venue’s contract market.
BTC Funding Rates on Major Exchanges
Among the major exchanges listed in the data, Binance reports a BTC 8-hour funding rate of 0.0008%. OKX shows a rate of -0.0009%, Bybit reports 0.0011%, and Gate shows 0.0033%. Based on the figures provided, Gate’s rate is higher than those of the other listed exchanges, while OKX is the only one among them showing a negative rate.
The figures were sourced from Coinglass and published by ChainCatcher. Funding rates are real-time indicators in the derivatives market, and this article only reflects the reported BTC network-wide average and the specific rates for Binance, OKX, Bybit, and Gate at the cited point in time.