Bitcoin’s 8-hour average funding rate across the market stands at 0.0024%, a modest positive reading that signals long-side demand is present in perpetual futures markets without reaching overheated territory. The 0.0024% figure represents a market-wide average, meaning the reading aggregates funding rate data from multiple exchanges rather than reflecting a single venue. A positive funding rate indicates that traders holding long positions are paying a small periodic fee to those holding short positions, a mechanism designed to keep perpetual futures prices anchored to the spot market.