ChainCatcher reported, citing data from Coinglass, that BTC’s current 8-hour average funding rate across the network stands at -0.0001%. The figure measures the average funding rate for Bitcoin-related contract markets over an 8-hour period. At the reported level, the network-wide average is slightly negative and close to the zero line.
Among major exchanges listed in the data, BTC funding rates vary by platform. Binance is at -0.0033%, while OKX is at -0.0076%. Bybit records a positive rate of 0.0014%, and Gate records a positive rate of 0.0009%. Based on the disclosed figures, OKX has the larger negative reading among the named platforms, while Bybit and Gate remain in positive territory.
Funding rates are commonly used in perpetual contract markets, where long and short positions settle payments periodically according to the rate direction. The Coinglass figures cited in this report reflect the rate status at the current point in time, and real-time exchange pages and subsequent data updates remain the reference for the latest values.