ETH Funding Rate Dips to -0.001% Across Networks in 8 Hours

ETH Funding Rate Continues to Decline

Recent data shows that Ethereum's (ETH) average funding rate across networks over the past 8 hours is -0.001%. This information, provided by Coinglass, highlights the current trend in market capital flow.

Rate Differences Across Major Exchanges

Looking at major exchanges, there are notable variations in funding rates:

• Binance reports a rate of -0.0076%, significantly below the industry average
• OKX posts a positive rate of 0.0006%
• Bybit's rate stands at -0.0036%, also in negative territory
• Gate matches OKX with a rate of 0.0006%

These figures indicate substantial differences in market participants' sentiment and capital costs for ETH across platforms.