ChainCatcher reported, citing Coinglass data, that BTC’s current network-wide 8-hour average funding rate is -0.0001%. Funding rates are commonly used in perpetual futures markets to describe the fee exchange between long and short positions over a specified settlement period. In this case, the figure refers to the 8-hour average across the broader market.
Among major exchanges, Binance’s BTC funding rate is -0.0033%, while OKX’s rate is -0.0076%. Bybit shows a BTC funding rate of 0.0014%, and Gate reports a rate of 0.0009%.
The figures show differences in BTC funding rates across trading platforms during the same reporting window. Binance and OKX are displaying negative rates, while Bybit and Gate are displaying positive rates, according to the Coinglass data cited in the report.