ChainCatcher reported, citing Coinglass data, that ETH’s current 8-hour average funding rate across the network stands at 0.0009%. The figure uses an 8-hour measurement window and reflects the funding-rate levels shown for ETH perpetual contracts across different trading platforms.
Among the major exchanges listed in the data, OKX has an ETH funding rate of 0.0039%, while Binance is at 0.0026% and Gate is at 0.002%. Bybit’s rate is -0.001%, making it the only negative reading among the platforms included in this set of figures.
Funding rates are commonly used as a reference for fee settlement between long and short positions in perpetual contracts. In this Coinglass snapshot, ETH’s network-wide 8-hour average funding rate is recorded at 0.0009%, with visible differences between the listed exchanges. The specific figures are based on the current Coinglass data cited by ChainCatcher.