ChainCatcher reported, citing Coinglass data, that BTC’s current network-wide 8-hour average funding rate is -0.0005%. The figure is presented on an 8-hour basis and reflects the current funding rate level across the BTC perpetual futures market.
Among the major exchanges listed in the data, funding rates differ by platform. Binance shows a BTC funding rate of 0.0028%, OKX shows -0.0005%, Bybit shows -0.0059%, and Gate shows 0.001%. Based on the disclosed figures, Binance and Gate are in positive territory, while OKX and Bybit are in negative territory.
Funding rates are a standard mechanism in perpetual futures markets, used for periodic fee settlement between long and short positions. The figures in this report are limited to the current Coinglass data cited by ChainCatcher and do not include additional assets or longer-term performance metrics.