According to Coinglass data cited by ChainCatcher, BTC’s current network-wide 8-hour average funding rate is 0.0009%, with mixed readings across Binance, OKX, Bybit and Gate.
ChainCatcher reported, citing Coinglass data, that BTC’s current network-wide 8-hour average funding rate is 0.0009%. Funding rates are commonly used in perpetual futures markets to show the periodic fee exchange between long and short positions, and readings can differ across trading venues.
Among major exchanges, Binance currently shows a BTC funding rate of -0.0009%, while OKX reports -0.0043% and Bybit reports -0.0008%. Gate is listed at 0.0017%. Based on the figures provided, Binance, OKX and Bybit are in negative territory, while Gate is positive, with the overall 8-hour average at 0.0009%.
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