SKY funding rates and position payments
Funding is a payment between long and short holders of a perpetual contract. At a positive rate, longs pay shorts. At a negative rate, shorts pay longs.
MSK
Exchanges with current rates
10
Range normalized to 8 hours
+0.0050% → +0.0100%
Where the selected side receives funding
Long: 0 of 10
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on Aster · SKYUSDT
Pays 0.50 USD equivalent
10 000.00 USD × +0.0050% per 8 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
Compare current funding rates
Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
Aster
SKYUSDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
BingX
SKY-USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
Bitget
SKYUSDT
Rate as of MSK
Open interest: 2 661 959 USD 24-hour volume: 214 490 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
KuCoin
SKYUSDTM
Rate as of MSK
24-hour volume: 16 446 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
MEXC
SKY_USDT
Rate as of MSK
24-hour volume: 387 386 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
OKX
SKY-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0044% per 4 h | +0.0087% | Pays 0.44 USD | MSK |
|
Binance
SKYUSDT
Rate as of MSK
24-hour volume: 3 691 384 USD |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Bybit
SKYUSDT
Rate as of MSK
Open interest: 7 146 548 USD 24-hour volume: 1 441 762 USD |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Gate.io
SKY_USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Hyperliquid
SKY
Rate as of MSK
Open interest: 3 338 269 USD 24-hour volume: 353 672 USD |
+0.0013% per 1 h | +0.0100% | Pays 0.13 USD | — |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Lighter
SKY-USD
Rate as of MSK
24-hour volume: 8 481 USD |
+0.0012% per 1 h | Pays 0.12 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
Lighter
24 hours
+0.0288%
Pays 2.88 USD
24 settlements
17.10.2026 18:00 — 18.10.2026 17:00 MSK
7 days
+0.2016%
Pays 20.16 USD
168 settlements
11.10.2026 18:00 — 18.10.2026 17:00 MSK
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
SKY funding questions
Who receives funding when the SKY rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.