Coinglass: BTC’s 8-Hour Average Funding Rate Stands at 0.0004%

ChainCatcher reported that, according to Coinglass data, BTC’s current network-wide 8-hour average funding rate is 0.0004%. Among major exchanges, Binance shows a funding rate of 0.0027%, OKX stands at -0.0019%, Bybit is at 0.0001%, and Gate records -0.0006%.

Funding rates are commonly used in perpetual futures markets to reflect the payment direction between long and short positions. In the latest Coinglass readings, Binance and Bybit are positive, while OKX and Gate are negative. The overall 8-hour average across the network remains positive at 0.0004%, based on the current Coinglass data cited in the report.