SKL Funding Rate (SKALE)

Compare SKALE perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

SKALE current price: $0.003925

Rate MatrixHeatmapCumulative Fees

SKL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.0174%-38.05%4h04:00 UTC$3.2M
2Bybit-0.0567%-62.10%8h08:00 UTC$0.9M
3KuCoin-0.0107%-23.43%4h04:00 UTC$0.7M
4WhiteBIT+0.0050%+10.95%4h04:00 UTC$0.6M
5Bitget-0.0195%-42.70%4h$0.5M
6MEXC-0.0158%$0.1M
7Gate-0.0537%-117.60%4h04:00 UTC$0.1M
8CoinExhighest-0.0740%-81.02%8h16:00 UTC$0.1M
9Crypto.com+0.0364%$0.0M
10Kraken-0.0297%$0.0M
11BingX-0.0051%04:00 UTC
12Bitunix-0.0121%-26.46%4h04:00 UTC
13LBank-0.0147%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0206%
OI-Weighted Rate
-0.0216%
Volume-Weighted Rate
-0.0212%

SKL Funding Rate History

SKL 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
Binance-0.1016%-3.9845%-11.1092%-11.1092%
Gate+0.0000%+0.0000%-6.9389%-6.9389%
Bitget+0.0000%+0.0000%-6.8700%-6.8700%
Bybit+0.0000%+0.0000%-5.7436%-5.7436%

About SKALE Funding Rate

What is the SKL funding rate?

The SKL funding rate is a periodic payment between long and short traders on SKALE 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 SKL perpetual position.

What does a positive or negative SKL funding rate mean?

A persistently positive SKL 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 SKL funding rate?

As of now, the SKL funding rate averages -0.0206% across 13 exchanges CoinBoss tracks, and the rate is negative. 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 SKL funding rate?

Right now coinex shows the highest (or most extreme) SKL funding rate among tracked exchanges, at -0.0740%. 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.