According to ChainCatcher, data from Coinglass shows that ETH’s current network-wide 8-hour average funding rate is 0.002%. The figure refers to the average funding rate level across Ethereum-related perpetual contract markets over an eight-hour period, a metric commonly used by traders when reviewing contract holding costs.
Funding rates across major exchanges
Among the major exchanges listed in the data, Binance reports an ETH 8-hour funding rate of 0.0031%, while OKX shows 0.001%. Bybit’s rate is 0.0064%, and Gate’s rate is 0.0026%. Based on the disclosed figures, Bybit’s rate is higher than those of Binance, Gate and OKX, while OKX has the lowest rate among the four named platforms.
Funding rates are typically settled on a fixed schedule, and each exchange displays its own rate level. This update only includes the current ETH network-wide 8-hour average funding rate and the figures for Binance, OKX, Bybit and Gate. It does not include data for other tokens or any ETH price movement information.