ChainCatcher reported, citing Coinglass data, that BTC’s current 8-hour average funding rate across the network stands at 0.0015%. The figure reflects the average funding-rate reading for BTC perpetual contracts over the stated 8-hour interval.
Among the major exchanges listed in the data, Binance reported a funding rate of 0.006%, OKX reported 0.0001%, Bybit reported -0.0047%, and Gate reported 0.0022%. The disclosed readings show different funding-rate levels across platforms, with Bybit in negative territory while Binance, OKX, and Gate are positive.
Funding rates are a standard metric in perpetual futures markets and are settled between long and short positions at fixed intervals. Positive and negative readings correspond to different directions of funding payments. The figures above only describe the BTC 8-hour average funding rate and the exchange-level readings cited from Coinglass.