According to Coinglass data analysis, Ethereum(ETH) currently has an 8-hour average funding rate of -0.0006% across the entire network.
Looking at the funding rate trends across multiple mainstream exchanges, different position tendencies are observed among market participants. One major exchange shows a positive rate of 0.0049%, while another large platform records a negative rate of -0.0017%, and yet another exchange has a rate of 0.0035%.
These differences in funding rates reflect the varying balances of long and short positions on each platform and are important indicators for understanding market sentiment. Overall, the tendency toward negative rates suggests that there is relatively strong demand for short positions in the current market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to Coinglass data analysis, Ethereum(ETH) currently has an 8-hour average funding rate of -0.0006% across the entire network.
Looking at the funding rate trends across multiple mainstream exchanges, different position tendencies are observed among market participants. One major exchange shows a positive rate of 0.0049%, while another large platform records a negative rate of -0.0017%, and yet another exchange has a rate of 0.0035%.
These differences in funding rates reflect the varying balances of long and short positions on each platform and are important indicators for understanding market sentiment. Overall, the tendency toward negative rates suggests that there is relatively strong demand for short positions in the current market.