Data compiled by Woofun AI shows the 8-hour average funding rate for BTC across the network has shifted to -0.0003%. This negative aggregate suggests a prevailing short-side dominance in perpetual futures markets over the recent period.

Market fragmentation is evident among major venues. Binance maintains a positive rate of 0.0042%, while Gate stands at 0.0011%. Conversely, OKX and Bybit exhibit negative rates of -0.0012% and -0.0037% respectively, highlighting divergent liquidity conditions across platforms.