Bitcoin 8-Hour Average Funding Rate Turns Negative at -0.01%

Gate News message, April 22 — According to Coinglass data, Bitcoin's 8-hour average funding rate across the network currently stands at -0.01%, indicating a slight bearish sentiment among futures traders.

Among major exchanges, funding rates vary: one exchange at -0.0007%, another at -0.0033%, a third at -0.0051%, and Gate at -0.0168%. The negative rates across platforms suggest traders are paying shorts rather than longs, reflecting cautious market positioning.