BTC's 8-Hour Average Funding Rate Turns Negative at -0.0007%, OKX and Gate Lead Shorts

BTC1.91%

According to Coinglass data via ChainCatcher, Bitcoin's 8-hour average funding rate across the network currently stands at -0.0007%, indicating net short positioning.

Among major exchanges, Binance shows the highest positive rate at 0.0004%, while OKX, Bybit, and Gate display negative rates of -0.0078%, -0.0019%, and -0.0085% respectively.

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