ChainCatcher reported that, according to Coinglass data, BTC’s current 8-hour average funding rate across the network is -0.0005%. The figure represents the average funding rate measured over an 8-hour interval, and the latest reading is slightly below zero.
Funding rates across major exchanges
Among the major exchanges listed in the data, Binance recorded a BTC funding rate of 0.0028%, while OKX stood at -0.0005%. Bybit reported a rate of -0.0059%, and Gate recorded 0.001%. The figures show differences between platforms: Binance and Gate are positive, OKX matches the network-wide average, and Bybit is negative.
Funding rates are commonly used in perpetual futures markets as a mechanism for periodic payments between long and short positions. The reported data covers only the current BTC 8-hour average funding rate across the network and the funding rate levels on Binance, OKX, Bybit, and Gate.