Gate News message, April 27 — According to Coinglass data, Bitcoin's 8-hour average funding rate across major exchanges has turned negative at -0.0024%, indicating a shift toward bearish sentiment among traders.

Funding rates vary across platforms: certain major CEXs are charging 0.0003% and 0.0004%, while others are posting negative rates of -0.0039% and -0.0061%. Gate's funding rate currently stands at -0.0061%.