According to ChainCatcher, Coinglass data shows that ETH’s current 8-hour average funding rate across the market is 0.0004%. The figure reflects the market-wide 8-hour average at the current point in time and is used to track funding conditions in ETH perpetual contract markets.
Among the major exchanges listed in the data, Binance reports an ETH funding rate of 0.0008%, while OKX reports -0.0075%. Bybit’s ETH funding rate is 0.0085%, and Gate’s rate is -0.0059%. The reported figures show differences across trading venues, with both positive and negative rates appearing among the exchanges named.
Funding rates are a standard mechanism in perpetual futures markets. They are generally settled between long and short positions at fixed intervals and are designed to help keep contract prices close to reference prices. The figures above only reflect the current rates shown by Coinglass, while actual settlement details depend on each exchange’s live data and contract rules.