According to ChainCatcher, Coinglass data shows that ETH’s current 8-hour average funding rate across the market is 0.003%. Funding rates are a standard metric in perpetual futures markets, reflecting the periodic fee exchange between long and short positions within a set interval. The data cited in this report uses an 8-hour average across the broader market.
Funding Rates Across Major Exchanges
Among the major exchanges currently listed, Binance reports an ETH 8-hour funding rate of 0.0036%, while OKX reports 0.0003%. Bybit’s rate stands at 0.0015%, and Gate’s rate is 0.0054%. Based on the figures provided, Gate has the highest rate among the exchanges mentioned, while OKX has the lowest.
The figures were sourced from Coinglass and published by ChainCatcher. Funding rates can differ across exchanges because each platform has its own perpetual contract pricing, position structure and rate mechanism. Traders often use this metric as one reference point when observing changes in the cost structure of perpetual futures markets.