ETH Funding Rate Analysis: Significant differences in rates across multiple platforms, market sentiment diverging

【BitPush】According to the latest data from the on-chain data platform, the current 8-hour average funding rate across the Ethereum network is in the negative zone, showing -0.0033%.

Interestingly, the funding rates across major trading platforms vary significantly. Leading exchanges have rates reaching 0.0052%, in the positive zone; while some platforms are at -0.0015%, between the average and negative values; another top platform’s rate even reaches 0.0053%, creating the highest difference among current platforms.

This divergence in funding rates across multiple platforms reflects differing market outlooks on Ethereum — some platforms exhibit stronger bullish sentiment, while others are dominated by bearish forces. The positive and negative shifts in funding rates often signal turning points in market sentiment, allowing traders to adjust their position strategies accordingly.