ChainCatcher reported that, according to Coinglass data, BTC’s current 8-hour average funding rate across the network is 0.0007%. Funding rates are a standard metric in perpetual futures markets and are used to show the fee exchange level between long and short positions over a given period.
Among the listed major exchanges, Binance currently shows a BTC 8-hour funding rate of 0.0003%. OKX is at -0.0011%, Bybit is at 0.005%, and Gate is at 0.0062%. The figures differ across platforms, with OKX showing a negative rate while the other named exchanges show positive rates.
Based on the Coinglass aggregate reading, BTC’s 8-hour average funding rate remains close to zero at the current point in time. The figures are exchange-specific market indicators, and traders commonly compare funding rates by venue, contract type, and settlement interval when reviewing perpetual futures data.