ChainCatcher reported, citing Coinglass data, that ETH’s current 8-hour average funding rate across the network is 0.0008%. The figure reflects the average funding rate level for ETH perpetual contracts over an 8-hour period and is one of the commonly referenced indicators in contract trading.
Funding rates on major exchanges
Among the major exchanges listed, Binance currently shows an ETH 8-hour funding rate of -0.0007%, making it the only negative figure in the provided data set. OKX records a rate of 0.0018%, Bybit records 0.0014%, and Gate records 0.0001%. The listed figures show that ETH funding rates differ by exchange in both direction and value.
Funding rates are generally used for periodic settlement in perpetual contract markets. This update only includes the ETH network-wide average and the current rates on Binance, OKX, Bybit and Gate, with the specific figures attributed to Coinglass.