ChainCatcher reported, citing data from Coinglass, that BTC’s current 8-hour average funding rate across the network is 0.0016%. In perpetual futures markets, the funding rate is a recurring fee mechanism between long and short positions, and it is commonly used to show the fee status between the two sides on different trading venues.
Among the major exchanges listed in the data, Binance’s BTC 8-hour funding rate is 0.0025%, while Bybit’s rate is 0.0037%. Both are positive. OKX records a funding rate of -0.0009%, and Gate records a rate of -0.003%, placing both exchanges in negative territory for this metric.
Based on the figures disclosed, BTC funding rates are not aligned in the same direction across all listed exchanges. The overall 8-hour average funding rate remains at 0.0016%. The data source is Coinglass, and the original news item was published by ChainCatcher.