ChainCatcher reported, citing Coinglass data, that BTC’s current 8-hour average funding rate across networks stands at -0.0004%. The figure refers to the funding-rate metric used in perpetual contract markets and reflects the funding exchange between long and short positions during the 8-hour calculation period.
Funding rates vary across major exchanges
Among the major exchanges listed in the data, Binance’s BTC 8-hour funding rate is -0.0025%, while OKX’s rate is -0.0034%. Both are below the overall network average of -0.0004% and remain in negative territory.
Bybit’s BTC funding rate is 0.0004%, and Gate’s rate is 0.0027%, placing both exchanges in positive territory. Based on the Coinglass figures cited by ChainCatcher, BTC’s overall average funding rate is close to the zero line, while individual exchanges show different directions: Binance and OKX are negative, whereas Bybit and Gate are positive.