ChainCatcher reported, citing data from Coinglass, that BTC’s current 8-hour average funding rate across the market is 0.0012%. Funding rates are a standard mechanism used in perpetual futures markets to help keep contract prices aligned with spot prices through periodic payments between market participants.
Among major exchanges, Binance currently reports a BTC 8-hour funding rate of 0.0039%, while OKX reports 0.0002%. Bybit’s rate is 0.0046%, and Gate’s rate is 0.0032%.
The figures published by Coinglass and relayed by ChainCatcher show positive funding rates across the listed platforms. Bybit records the highest figure among the four at 0.0046%, followed by Binance at 0.0039%, Gate at 0.0032% and OKX at 0.0002%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.