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Data compiled by Woofun AI shows that the network-wide 8-hour average funding rate for ETH has settled at 0.0025%. This aggregate metric reflects the prevailing cost of maintaining leveraged positions across the broader derivatives market.
Discrepancies among major venues highlight fragmented sentiment. Binance aligns with the network average at 0.0025%, while OKX trades slightly higher at 0.0045%. In contrast, Bybit registers a negative rate of -0.0023%, suggesting short-side dominance on that platform. Gate exhibits the highest bullish pressure among the sampled exchanges, with a rate of 0.01%.