According to ChainCatcher, data from Coinglass shows that BTC’s current 8-hour average funding rate across the network is 0.0024%. Funding rates are commonly used in perpetual futures markets to reflect the fee exchange between long and short positions. Each exchange calculates its own rate based on its contract market pricing and position structure.
Among the major exchanges listed in the data, Binance’s BTC 8-hour funding rate is 0%. OKX reports a rate of 0.0009%, Bybit reports 0.0013%, and Gate reports 0.0017%. Based on the disclosed figures, Gate has the highest rate among these four platforms, followed by Bybit and OKX, while Binance remains at 0%.
The figures cited in this report come from Coinglass and include both the BTC network-wide 8-hour average funding rate and exchange-specific readings. Funding rates are a standard indicator in derivatives markets, though this news item only provides the funding-rate data listed above.