ChainCatcher reported, citing Coinglass data, that BTC’s current network-wide 8-hour average funding rate is -0.001%. The figure refers to the average funding rate level observed across the BTC perpetual futures market over the current 8-hour funding interval.
Funding rates differ across major exchanges. According to the data, Binance’s BTC funding rate is 0.0006%, OKX’s rate is -0.0069%, Bybit’s rate is 0.0011%, and Gate’s rate is -0.006%. Among the listed platforms, Binance and Bybit show positive funding rates, while OKX and Gate show negative funding rates.
In perpetual futures markets, the funding rate is used for periodic payments between long and short positions, and its value can vary by exchange and contract conditions. The reported figures come from Coinglass and cover BTC’s current network-wide 8-hour average funding rate together with selected rates from major trading platforms.