# SKY Funding Rates

As of 2026-10-03 08:08 UTC, SKY perpetual funding averages 0.0097% per 8 hours (10.57% APR) across all 16 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Lighter at 0.0128% per 8h (14.02% APR). Lowest: Gate at -0.0329% per 4h (-72.05% APR). Going long on Gate and short on Lighter collects a gross spread of 0.0786% per 8 hours (86.07% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Lighter](https://arbtide.com/funding-rates/sky/lighter) | [SKY/USDC:USDC](https://app.lighter.xyz/trade/SKY) | 0.0128% | 8h | 14.02% | — |
| [XT.COM](https://arbtide.com/funding-rates/sky/xt) | [SKY/USDT:USDT](https://www.xt.com/en/futures/trade/sky_usdt) | 0.0051% | 4h | 11.07% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sky/binance) | [SKY/USDT:USDT](https://www.binance.com/en/futures/SKYUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/sky/bybit) | [SKY/USDT:USDT](https://www.bybit.com/trade/usdt/SKYUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [OKX](https://arbtide.com/funding-rates/sky/okx) | [SKY/USDT:USDT](https://www.okx.com/trade-swap/sky-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/sky/bitget) | [SKY/USDT:USDT](https://www.bitget.com/futures/usdt/SKYUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/sky/kucoin) | [SKY/USDT:USDT](https://www.kucoin.com/trade/futures/SKYUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/sky/mexc) | [SKY/USDT:USDT](https://www.mexc.com/futures/SKY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/sky/bingx) | [SKY/USDT:USDT](https://bingx.com/en/perpetual/SKY-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/sky/whitebit) | [SKY/USDT:USDT](https://whitebit.com/trade/SKY-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/sky/weex) | [SKY/USDT:USDT](https://www.weex.com/futures/SKY-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 08:08 UTC |
| [Toobit](https://arbtide.com/funding-rates/sky/toobit) | [SKY/USDT:USDT](https://www.toobit.com/en-US/futures/SKY-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/sky/hyperliquid) | [SKY/USDC:USDC](https://app.hyperliquid.xyz/trade/SKY) | 0.0013% | 1h | 10.95% | 2026-10-03 09:00 UTC |
| [Aster](https://arbtide.com/funding-rates/sky/aster) | [SKY/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SKYUSDT) | 0.0050% | 4h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/sky/woofipro) | [SKY/USDC:USDC](https://pro.woofi.com/en/trade/SKY_PERP) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Gate](https://arbtide.com/funding-rates/sky/gate) | [SKY/USDT:USDT](https://www.gate.com/futures/USDT/SKY_USDT) | -0.0329% | 4h | -72.05% | 2026-10-03 12:00 UTC |

## Frequently asked questions

### Is the SKY funding rate positive right now?

Mostly yes. SKY funding is positive on 15 of the 16 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SKY funding rate?

Lighter at 0.0128% per 8h (14.02% APR). The lowest is Gate at -0.0329% per 4h (-72.05% APR).

### What is the SKY funding arbitrage spread?

The gross spread is 0.0786% per 8 hours (86.07% APR): long SKY on Gate and short on Lighter. Trading fees, slippage and price basis reduce the net return.

### How often is SKY funding paid?

SKY funding is paid every 8 hours on Lighter; every 4 hours on XT.COM, Binance, Bybit, OKX, Bitget, KuCoin, MEXC, BingX, WhiteBIT, WEEX, Toobit, Aster, WOOFi Pro, and Gate; every hour on Hyperliquid. Rates on this page are also shown as APR so they can be compared directly.