ChainCatcher reported, citing data from Coinglass, that ETH’s current network-wide 8-hour average funding rate is 0.0032%. The figure reflects the latest 8-hour average funding rate across the broader ETH perpetual futures market.
Among the major exchanges listed in the data, Binance’s ETH funding rate is 0.0066%, OKX’s rate is 0.0016%, Bybit’s rate is 0.0076%, and Gate’s rate is 0.0056%. Based on the exchanges included in the report, Bybit has the highest quoted rate, while OKX has the lowest.
Funding rates are a standard metric in perpetual futures markets and are typically settled at fixed intervals. The Coinglass figures provide a direct snapshot of ETH funding rates across the broader market and across several major trading platforms.
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