SK Hynix (Backpack Securities) Funding Rate (SKHY)

Compare SK Hynix (Backpack Securities) perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

SK Hynix (Backpack Securities) current price: $163.26

Rate MatrixHeatmapCumulative Fees

SKHY Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Gate+0.0100%+10.95%8h00:00 UTC$17.3M
2Bitget+0.0000%+0.00%8h$16.7M
3Bybit+0.0000%+0.00%8h00:00 UTC$14.9M
4Lighter+0.0032%+28.03%1h$1.0M
5KuCoin+0.0100%+10.95%8h00:00 UTC$1.0M
6Aster+0.0169%+18.52%8h00:00 UTC$0.1M
7Coinbase+0.0005%+4.38%1h$0.1M
8Crypto.com+0.0025%$0.0M
9Binance+0.0159%+17.43%8h00:00 UTC
10HTX+0.0000%+0.00%8h00:00 UTC
11Bitunixhighest+0.0174%+19.00%8h00:00 UTC
12LBank+0.0159%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0077%
OI-Weighted Rate
+0.0037%
Volume-Weighted Rate
+0.0137%

SKHY Funding Rate History

SKHY Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Gate+0.0300%-0.1004%+0.2357%+0.2775%
OKX+0.0000%-0.1026%+0.1975%+0.0778%
Binance+0.0091%-0.1543%-0.0731%-0.7633%
Bybit+0.0000%-0.1082%-0.0637%-0.2474%
Bitget+0.0000%+0.0530%-0.0608%-0.2122%
HTX+0.0000%+0.0000%-0.0127%-0.0127%

About SK Hynix (Backpack Securities) Funding Rate

What is the SKHY funding rate?

The SKHY funding rate is a periodic payment between long and short traders on SK Hynix (Backpack Securities) perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged SKHY perpetual position.

What does a positive or negative SKHY funding rate mean?

A persistently positive SKHY funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current SKHY funding rate?

As of now, the SKHY funding rate averages 0.0077% across 12 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest SKHY funding rate?

Right now bitunix shows the highest (or most extreme) SKHY funding rate among tracked exchanges, at 0.0174%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.