According to ChainCatcher, data from Coinglass shows that ETH’s current network-wide 8-hour average funding rate is 0.0009%. The figure reflects the current 8-hour average funding rate across the ETH perpetual futures market.
Among the major exchanges listed in the data, Binance’s rate is -0%, OKX’s rate is 0.0011%, Bybit’s rate is -0.002%, and Gate’s rate is -0.0008%. The reported figures show that ETH funding rates are not identical across these trading platforms.
Funding rates are a standard metric in perpetual futures markets and are tied to periodic fee settlement between long and short positions. This update only covers the current ETH network-wide 8-hour average funding rate and the corresponding figures for Binance, OKX, Bybit, and Gate.