Bitcoin funding snapshot places Polymarket above the tracked exchange average
DeFi Rate reports the average Bitcoin funding rate is 0.0088 percent every 8 hours, about 9.7 percent a year, weighted by open interest across the exchanges it tracks, in a read at 5:51 a.m. ET on November 4. Polymarket is listed at plus 11.0 percent a year, with funding paid every hour on that venue.
According to DeFi Rate, Bitcoin perpetual funding averaged 0.0088 percent every 8 hours across the exchanges it tracks, equivalent to about 9.7 percent a year.
The reading was taken at 5:51 a.m. ET on November 4. The report was published on Nov 4, 2026, at 7:30 AM ET.
Weighting and payment schedules
DeFi Rate weights the average by open interest. The figure therefore reflects that weighting across its tracked exchanges, rather than an equally weighted average of venue rates.
Polymarket was listed at plus 11.0 percent a year, above the reported aggregate. According to DeFi Rate, funding on that venue is paid every hour, while the aggregate was expressed as a rate every 8 hours.
What it means for prediction markets
- Polymarket’s listed annual rate exceeded the open-interest-weighted average, but the figures represent a single timestamped reading.
- Payment frequency matters when comparing the figures: Polymarket’s hourly schedule differs from the 8-hour interval used to express the aggregate.
- The supplied data concerns funding rates; it does not provide prediction-market contract prices or event probabilities.
Sources & attribution
- Published
- Source
- DeFi Ratedefirate.com
- Publisher
- https://defirate.com
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to DeFi Rate”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
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