ChainCatcher reported, citing Coinglass data, that BTC’s current 8-hour average funding rate across the network is 0.0012%. Among the listed major exchanges, Binance shows a funding rate of 0.0039%, OKX shows 0.0002%, Bybit shows 0.0046%, and Gate shows 0.0032%.
Funding rates are used in perpetual futures markets to balance the cost between long and short positions, and they are generally settled at fixed intervals. Based on the figures provided, Bybit has the highest rate among the exchanges listed, while OKX has the lowest. The network-wide 8-hour average of 0.0012% is below the rates shown for Binance, Bybit and Gate, and above the rate shown for OKX.
Across the four named trading platforms, all reported BTC funding rates are positive. The disclosed range runs from OKX’s 0.0002% to Bybit’s 0.0046%. The ChainCatcher newsflash only includes the current Coinglass funding-rate figures and does not include other market indicators such as price, trading volume or open interest.