According to ChainCatcher, Coinglass data shows that ETH’s current network-wide 8-hour average funding rate is 0.0009%. The figure refers to the average funding rate across the market over an 8-hour period and provides a snapshot of ETH perpetual contract funding levels across trading venues.
Funding rates across major exchanges
Among major exchanges, Binance’s ETH funding rate is 0.0026%, while OKX reports 0.0039%. Bybit’s rate is -0.001%, and Gate’s rate is 0.002%. Based on the disclosed figures, OKX is higher than Binance and Gate, while Bybit is the only listed exchange with a negative rate.
Funding rate is a common metric in the crypto perpetual futures market. Rates can differ between exchanges depending on conditions within each platform’s contract market. The data cited here only covers the current ETH rates for the named venues and the network-wide 8-hour average reported by Coinglass.