ChainCatcher reported, citing data from Coinglass, that ETH’s current 8-hour average funding rate across the network is 0.0019%. The figure is presented as an aggregated 8-hour funding-rate metric for ETH and is commonly referenced in the perpetual futures market.
ETH Funding Rates Across Major Exchanges
Among the major exchanges listed in the data, Binance recorded an ETH funding rate of -0.0011%, while OKX reported 0.0003%. Bybit’s ETH funding rate stood at -0.0008%, and Gate recorded a higher positive rate of 0.0051%.
The reported figures show that ETH funding rates differ across platforms at the time of publication, with both negative and positive rates appearing among the exchanges named. Funding rates are used in perpetual contract markets and are updated as exchange-level contract pricing and positioning conditions change. The data source for this update is Coinglass, as cited in the ChainCatcher newsflash.