# SKHY Funding Rate on Kraken

As of 2026-10-07 13:20 UTC, the SKHY perpetual on Kraken pays -0.0024% per 1h, -0.0196% per 8 hours (-21.43% APR), so shorts pay longs. That is the 17th highest of 19 exchanges shown, against a volume-weighted average of 0.0008% per 8 hours (0.92% APR). Over the last 7 days Kraken averaged -0.0180% per 8 hours (-19.66% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/skhy/xt) | [SKHY/USDT:USDT](https://www.xt.com/en/futures/trade/skhy_usdt) | 0.0100% | 8h | 10.95% | 2026-10-07 16:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/skhy/deepcoin) | [SKHY/USDT:USDT](https://www.deepcoin.com/en/swap/SKHY-USDT) | 0.0100% | 8h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/skhy/woofipro) | [SKHY/USDC:USDC](https://pro.woofi.com/en/trade/SKHY_PERP) | 0.0100% | 8h | 10.95% | 2026-10-07 16:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/skhy/lighter) | [SKHY/USDC:USDC](https://app.lighter.xyz/trade/SKHY) | 0.0032% | 8h | 3.50% | — |
| [Binance](https://arbtide.com/funding-rates/skhy/binance) | [SKHY/USDT:USDT](https://www.binance.com/en/futures/SKHYUSDT) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/skhy/bybit) | [SKHY/USDT:USDT](https://www.bybit.com/trade/usdt/SKHYUSDT) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/skhy/okx) | [SKHY/USDT:USDT](https://www.okx.com/trade-swap/skhy-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/skhy/bitget) | [SKHY/USDT:USDT](https://www.bitget.com/futures/usdt/SKHYUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/skhy/gate) | [SKHY/USDT:USDT](https://www.gate.com/futures/USDT/SKHY_USDT) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [HTX](https://arbtide.com/funding-rates/skhy/htx) | [SKHY/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=SKHY-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/skhy/btse) | [SKHY/USDT:USDT](https://www.btse.com/en/futures/SKHY-PERP) | 0.0000% | 8h | 0.00% | — |
| [LBank](https://arbtide.com/funding-rates/skhy/lbank) | [SKHY/USDT:USDT](https://www.lbank.com/futures/skhyusdt) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/skhy/aster) | [SKHY/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SKHYUSDT) | 0.0000% | 8h | 0.00% | — |
| [Extended](https://arbtide.com/funding-rates/skhy/extended) | [SKHY/USDC:USDC](https://app.extended.exchange/perp/SKHY-USD) | 0.0000% | 1h | 0.00% | 2026-10-07 14:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/skhy/weex) | [SKHY/USDT:USDT](https://www.weex.com/futures/SKHY-USDT) | -0.0029% | 8h | -3.21% | 2026-10-07 13:19 UTC |
| [KuCoin](https://arbtide.com/funding-rates/skhy/kucoin) | [SKHY/USDT:USDT](https://www.kucoin.com/trade/futures/SKHYUSDTM) | -0.0066% | 8h | -7.23% | 2026-10-07 16:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/skhy/kraken) | [SKHY/USD:USD](https://pro.kraken.com/app/trade/futures-skhy-usd-perp) | -0.0024% | 1h | -21.43% | — |
| [Toobit](https://arbtide.com/funding-rates/skhy/toobit) | [SKHY/USDT:USDT](https://www.toobit.com/en-US/futures/SKHY-SWAP-USDT) | -0.0410% | 8h | -44.87% | 2026-10-07 16:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/skhy/cryptocom) | [SKHY/USD:USD](https://crypto.com/exchange/trade/SKHYUSD-PERP) | -0.0072% | 1h | -63.22% | 2026-10-07 14:00 UTC |

## Frequently asked questions

### What is the SKHY funding rate on Kraken?

-0.0024% per 1h, or -0.0196% per 8 hours (-21.43% APR), so shorts pay longs. The 7-day average is -0.0180% per 8 hours (-19.66% APR).

### How often does Kraken pay SKHY funding?

Every hour.

### Is SKHY funding on Kraken higher than on other exchanges?

Kraken is the 17th highest of 19 exchanges shown. The highest is XT.COM at 0.0100% per 8h (10.95% APR) and the lowest is Toobit at -0.0410% per 8h (-44.87% APR).

### How do you arbitrage SKHY funding with Kraken?

Long SKHY on Kraken and short on XT.COM for a gross spread of 0.0296% per 8 hours (32.38% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.