According to ChainCatcher, data from Coinglass shows that ETH’s current 8-hour average funding rate across the network is -0%. Funding rates are a common metric in perpetual futures markets, reflecting the fee exchange between long and short positions. The figure cited here refers specifically to ETH’s network-wide 8-hour average.
Funding rates across major exchanges
Among the major exchanges listed in the Coinglass data, Binance shows an ETH 8-hour funding rate of 0.0008%, which is positive. OKX stands at -0.0002%, Bybit at -0.0006%, and Gate at -0.0011%, with all three showing negative values. The differences indicate that the ETH perpetual contract funding-rate structure varies across these trading venues.
Based on the disclosed figures, Gate has the lowest rate among the listed platforms at -0.0011%, while Binance is the only exchange in the group showing a positive rate. All figures are from the current Coinglass data cited by ChainCatcher.