According to ChainCatcher, data from Coinglass shows that ETH’s current network-wide 8-hour average funding rate is 0.0006%. Funding rates are commonly used in perpetual contract markets to show the periodic fee exchange between long and short positions. The figure reported here refers to the network-wide 8-hour average funding rate for ETH.
Funding rates across major exchanges
Among major exchanges, Binance currently reports an ETH funding rate of -0.0007%, while OKX reports 0.0013%. Bybit’s rate stands at -0.0012%, and Gate’s rate is 0.0026%. The figures show both positive and negative readings across trading venues, with Gate at 0.0026% and Bybit at -0.0012% in the disclosed data set.
Based on the Coinglass data cited by ChainCatcher, ETH’s network-wide average funding rate remains close to zero, while individual exchange readings show small differences. The reported platforms in this update are Binance, OKX, Bybit and Gate.