According to ChainCatcher, Coinglass data shows that ETH’s current network-wide 8-hour average funding rate is 0.0017%. The figure refers to the average funding rate calculated across the perpetual futures market over an 8-hour period, a commonly tracked metric for observing the fee structure between long and short positions.
Among the major exchanges listed in the current data, Binance shows an ETH funding rate of -0.0006%, OKX is at -0.0014%, and Bybit is at -0.0007%. All three exchanges are displaying negative funding rates, with each figure below the network-wide 8-hour average reported by Coinglass.
Gate is listed separately at 0.0056%, making it the only positive rate among the exchanges named in the data set. Under the current Coinglass snapshot, ETH’s aggregate average funding rate differs from the individual rates shown on Binance, OKX, Bybit and Gate.