SKYAI funding rate explained
Right now SkyAI (SKYAI) perpetual futures trade on 6 exchanges we track. The highest funding is on KuCoin at +0.052% per day, the lowest on HTX at +0.015%. The average across all venues is +0.031% per day, or about +11.4% a year. Positive funding means SKYAI longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.037% per day. A delta-neutral position that shorts SKYAI on KuCoin and goes long on HTX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live SKYAI arbitrage board for the price side of the trade.
Settlement intervals differ: SKYAI funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: SKYAI arbitrage · SkyAI price · funding rates for all coins.