According to ChainCatcher, citing Coinglass data, ETH’s current network-wide 8-hour average funding rate stands at -0.0016%. The figure reflects the average 8-hour funding rate across the broader market and offers a snapshot of ETH perpetual contract funding conditions across trading venues.
ETH funding rates across major exchanges
Among the major exchanges listed in the data, Binance reports an ETH funding rate of -0.0031%, OKX reports -0.0049%, Bybit reports 0.0019%, and Gate reports -0.0032%. Based on these disclosed figures, Binance, OKX and Gate are showing negative funding rates, while Bybit is showing a positive funding rate.
Funding rates are a standard mechanism in perpetual futures markets and are typically settled between long and short positions at fixed intervals. The Coinglass data provides the latest reference point for comparing ETH 8-hour funding rate levels across these major platforms.