ChainCatcher reported, citing data from Coinglass, that ETH’s current network-wide 8-hour average funding rate stands at 0.0032%. Funding rates are commonly used in perpetual futures markets to track the holding cost between long and short positions, while specific levels can differ across exchanges due to market structure and contract conditions.
Among the major exchanges listed in the data, Bybit currently shows an ETH 8-hour funding rate of 0.0076%, Binance records 0.0066%, Gate stands at 0.0056%, and OKX is at 0.0016%. Within this disclosed set of exchange figures, Bybit has the highest rate, while OKX has the lowest rate.
The figures were sourced from Coinglass and published by ChainCatcher. The reported numbers refer specifically to the current 8-hour funding rate levels for ETH across the overall network and the named mainstream trading platforms at the time of publication.