ChainCatcher reported that, according to data from Coinglass, ETH’s current 8-hour average funding rate across the network is -0%. Funding rates are commonly used in perpetual futures markets and represent the periodic fee exchange between long and short positions. The cited figure uses an 8-hour average across the network, with the current ETH reading sitting close to the zero line.
Funding Rates on Major Exchanges
Among the major exchanges listed in the data, Binance’s ETH funding rate is 0.0008%, making it the only platform in the provided set with a positive reading. OKX is at -0.0002%, Bybit is at -0.0006%, and Gate is at -0.0011%. Based on the figures provided, ETH funding rates differ slightly across the listed venues, while all readings remain near zero.
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