Data compiled by Woofun AI shows that the 8-hour average funding rate for BTC across the network has declined to -0.0005%. This aggregate figure reflects a shift in leverage dynamics, with short positions currently paying longs on a net basis.

Among major venues, sentiment remains fragmented. Binance maintains a positive rate of 0.0028%, suggesting bullish positioning among its traders. Conversely, OKX aligns with the network average at -0.0005%, while Bybit records a more pronounced negative rate of -0.0059%. Gate.io reports a modest positive rate of 0.001%, highlighting the disparity in localized market expectations.