AbstractWe estimate the reconnection rates for eight dayside magnetopause reconnection events observed by the Cluster spacecraft and compare them with the predictions of the Cassak‐Shay Formula (Rcs) Cassak and Shay (2007). The measured reconnection rate is determined by calculating the product of the inflow velocity and magnetic field in the magnetosheath inflow region. The predicted reconnection rate is calculated using the plasma parameters on both sides of the current layer, including the contributions of magnetosheath H+, magnetospheric hot H+ and O+, and magnetospheric cold ions. The measured reconnection rates show clear correlations with Rcs with an aspect ratio of 0.07. The O+ and cold ions can contribute up to ~30% of the mass density, which may reduce the reconnection rate for individual events. However, the variation of the reconnection rate is dominated by the variation of the magnetosheath parameters. In addition, we calculated the predicted reconnection rate using only magnetosheath parameters (Rsh). The correlation of the measured rate with Rsh was better than the correlation with Rcs, with an aspect ratio of 0.09. This might indicate deviations from the Cassak‐Shay theory caused by the asymmetric reconnection structure and kinetic effects of different inflow populations. A better aspect ratio is expected to be between the ones determined using Rcs and Rsh. The aspect ratio does not show a clear dependence on the O+ concentration, likely because the O+ contribution is too small in these events. The aspect ratio also does not show a clear correlation with density asymmetry or guide field.