ChainCatcher reported, citing Coinglass data, that BTC’s current network-wide 8-hour average funding rate stands at 0.0012%. The figure is presented as an 8-hour average funding rate and is accompanied by current readings from several major crypto exchanges.
Bybit posts the highest rate among the listed venues
Among the major exchanges included in the data, Bybit shows a BTC funding rate of 0.0046%, the highest level in the group. Binance is listed at 0.0039%, while Gate records 0.0032%. All three readings are above the network-wide 8-hour average funding rate of 0.0012% reported by Coinglass.
OKX’s current BTC funding rate is 0.0002%, which is below the network-wide average and also lower than the rates shown for Binance, Bybit, and Gate. Funding rates are commonly used in perpetual futures markets, and differences across exchanges reflect the current rate status shown by each venue. The figures cited here refer only to the current Coinglass data reported in the ChainCatcher newsflash.