SKY Funding Rate (Sky)

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

Sky current price: $0.06296

Rate MatrixHeatmapCumulative Fees

SKY Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$12.6M
2Bybit+0.0050%+10.95%4h00:00 UTC$5.1M
3WhiteBIT+0.0050%+10.95%4h00:00 UTC$2.5M
4Hyperliquid+0.0013%+10.95%1h$2.4M
5Bitget+0.0050%+10.95%4h$1.4M
6KuCoin+0.0050%+10.95%4h00:00 UTC$0.4M
7Gate+0.0050%+10.95%4h00:00 UTC$0.4M
8MEXC+0.0050%$0.3M
9Lighter+0.0096%+84.10%1h$0.1M
10Aster+0.0050%+10.95%4h00:00 UTC$0.1M
11CoinExhighest+0.0563%+61.60%8h08:00 UTC$0.1M
12Coinbase+0.0066%+57.82%1h$0.1M
13BingX+0.0050%00:00 UTC
14Bitunix+0.0050%+10.95%4h00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0088%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0053%

SKY Funding Rate History

SKY 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+0.0050%+0.1411%+0.4793%+0.4793%

About Sky Funding Rate

What is the SKY funding rate?

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

What does a positive or negative SKY funding rate mean?

A persistently positive SKY 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 SKY funding rate?

As of now, the SKY funding rate averages 0.0088% across 14 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 SKY funding rate?

Right now coinex shows the highest (or most extreme) SKY funding rate among tracked exchanges, at 0.0563%. 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.