According to ChainCatcher, data from Coinglass shows that BTC’s current network-wide 8-hour average funding rate is 0.0016%. Among the listed major exchanges, Binance reports a BTC funding rate of 0.0025%, OKX reports -0.006%, Bybit reports 0.0096%, and Gate reports -0.0041%.
The figures show that funding rates across the same 8-hour period are not aligned in direction among the exchanges named in the data. Binance and Bybit currently show positive funding rates, while OKX and Gate show negative readings. Within the set of exchanges listed, Bybit has the highest figure at 0.0096%, while OKX has the lowest figure at -0.006%.
Funding rates are a periodic fee mechanism in perpetual futures markets, settled between long and short positions. This article only reorganizes the current Coinglass figures cited by ChainCatcher, covering BTC’s network-wide average rate and the corresponding rates on Binance, OKX, Bybit and Gate.