ArbiLayer

SKY funding rate

Live Sky perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.165%Hyperliquid
Lowest (24h)-0.061%Gate
Average (24h)+0.034%across 10 venues
Funding gap (24h)+0.226%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Hyperliquid logoHyperliquidPerp DEX · SKY+0.0069%1h00:25:15+0.165%+60.4%$0.0974+0.127%$1.91M
Binance logoBinanceCEX · SKYUSDT+0.0050%4h—+0.030%+10.9%$0.0973-0.004%—
Bybit logoBybitCEX · SKYUSDT+0.0050%4h—+0.030%+10.9%$0.0972-0.031%$6.37M
Bitget logoBitgetCEX · SKYUSDT+0.0050%4h—+0.030%+10.9%$0.0973-0.015%$2.08M
MEXC logoMEXCCEX · SKY_USDT+0.0050%4h03:25:15+0.030%+10.9%$0.09730.000%$1.96M
OKX logoOKXCEX · SKY-USDT-SWAP+0.0050%4h03:25:15+0.030%+10.9%$0.0972—$4.22M
KuCoin logoKuCoinCEX · SKYUSDTM+0.0050%4h03:25:15+0.030%+10.9%$0.0973-0.031%$135.2K
Aster logoAsterPerp DEX · SKYUSDT+0.0050%4h—+0.030%+10.9%$0.0973+0.049%—
Variational logoVariationalCEX · SKY+0.0050%4h—+0.030%+10.9%$0.0975—$749.9K
Gate logoGateCEX · SKY_USDT-0.0101%4h03:25:15-0.061%-22.1%$0.0972-0.100%$30.4K

SKY funding rate explained

Right now Sky (SKY) perpetual futures trade on 10 exchanges we track. The highest funding is on Hyperliquid at +0.165% per day, the lowest on Gate at -0.061%. The average across all venues is +0.034% per day, or about +12.6% a year. Positive funding means SKY longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.226% per day. A delta-neutral position that shorts SKY on Hyperliquid and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live SKY arbitrage board for the price side of the trade.

Settlement intervals differ: SKY funding is paid every 1 hour and 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: SKY arbitrage · Sky price · funding rates for all coins.

What is the SKY funding rate today?

The average SKY funding rate across 10 exchanges is +0.034% per 24 hours. It ranges from -0.061% on Gate to +0.165% on Hyperliquid. Rates update every few seconds on this page.

Which exchange has the highest SKY funding rate?

Hyperliquid currently has the highest SKY funding at +0.165% per day, and Gate the lowest at -0.061%.

How often is SKY funding paid?

SKY perpetuals settle funding every 1 hour and 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is SKY funding positive or negative?

On average it is positive (+0.034% per day): longs pay shorts.