Funding Rate (SKY)

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

current price: $0.06739

Rate MatrixHeatmapCumulative Fees

SKY Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$12.9M
2Bybit-0.0085%-18.64%4h00:00 UTC$6.5M
3WhiteBIT+0.0050%+10.95%4h00:00 UTC$2.5M
4Hyperliquid+0.0013%+10.95%1h$2.5M
5Bitget+0.0050%+10.95%4h$2.4M
6Gate+0.0050%+10.95%4h00:00 UTC$0.7M
7MEXC+0.0050%$0.6M
8KuCoin+0.0050%+10.95%4h00:00 UTC$0.3M
9Aster+0.0050%+10.95%4h00:00 UTC$0.1M
10Lighter+0.0096%+84.10%1h$0.1M
11CoinExhighest-0.0358%-39.19%8h08:00 UTC$0.0M
12BingX+0.0050%00:00 UTC
13Bitunix+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
+0.0009%
OI-Weighted Rate
+0.0016%
Volume-Weighted Rate
+0.0025%

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%+0.1850%+0.7948%+1.7220%

About Funding Rate

What is the SKY funding rate?

The SKY funding rate is a periodic payment between long and short traders on 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 0.0009% across 13 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 -0.0358%. 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.