ChainCatcher reported, citing data from Coinglass, that BTC’s current network-wide 8-hour average funding rate is -0.0004%. Funding rates are commonly used in perpetual futures markets to track the periodic fee settlement between long and short positions, and readings can differ across exchanges because each venue has its own contract market conditions.
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 exchanges are currently showing negative funding rates, with OKX’s figure lower than Binance’s.
Bybit’s BTC 8-hour funding rate is 0.0004%, and Gate’s rate is 0.0027%. Compared with Binance and OKX, Bybit and Gate are showing positive rates. Overall, the Coinglass data places BTC’s network-wide 8-hour average funding rate at -0.0004%, while the individual rates across major exchanges remain different in both direction and size.