According to ChainCatcher, Coinglass data shows that ETH’s current network-wide 8-hour average funding rate is 0.0027%. The figure refers to the current average funding rate across the market over an 8-hour period.
Among the major exchanges listed in the data, Binance’s ETH funding rate is 0.0033%, OKX’s ETH funding rate is 0.0031%, and Bybit’s ETH funding rate is also 0.0031%. Gate records an ETH funding rate of 0.0045%, which is higher than the figures reported for Binance, OKX and Bybit in this dataset.
Funding rates are commonly used in perpetual futures markets as a recurring fee mechanism. This update only provides the current ETH funding rate levels for the network-wide 8-hour average and several major exchanges, without including other assets or longer time-frame data.