ChainCatcher reported, citing data from Coinglass, that BTC’s current 8-hour average funding rate across the network is 0.0022%. Funding rates are commonly used in perpetual futures markets, where long and short positions exchange payments at set intervals according to the rules of each trading platform.
Among the major exchanges listed in the data, Binance’s BTC funding rate is 0.0059%, OKX’s rate is 0.0021%, Bybit’s rate is 0.0016%, and Gate’s rate is 0.0042%. Based on the figures provided, Binance shows the highest rate among the four platforms, followed by Gate, while OKX and Bybit report comparatively lower rates.
The figures were sourced from Coinglass and published by ChainCatcher. Funding rates differ from one exchange to another and are updated in line with each platform’s contract market conditions. Users reviewing BTC contract market data can compare both the network-wide average rate and the rates shown on individual exchanges.