According to Coinglass data, Ethereum's global 8-hour average funding rate currently stands at 0.0016%. The funding rate is a periodic fee exchanged between longs and shorts in perpetual swaps, designed to keep contract prices aligned with spot prices. A positive rate means longs pay shorts, indicating a slight bullish tilt; a negative rate would imply the opposite. This metric offers traders insight into the cost of holding positions.
Across major exchanges, rates differ markedly. Binance’s 8-hour funding rate is 0.0007%, OKX is 0.0009% — both below the network average. Bybit posts the highest rate at 0.0059%, while Gate records 0.003%. The variation reflects distinct order book dynamics and trading activity on each platform.
Overall, Ethereum’s funding rate stays positive but at a subdued level. The data, sourced from Coinglass, is as of June 22, 2026 and covers Binance, OKX, Bybit, and Gate.