# SKY Funding Rate on Toobit

As of 2026-10-05 23:39 UTC, the SKY perpetual on Toobit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 11th highest of 16 exchanges shown, against a volume-weighted average of 0.0080% per 8 hours (8.75% APR). Over the last 7 days Toobit averaged 0.0105% per 8 hours (11.49% APR). The next funding is at 2026-10-06 00:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/sky/xt) | [SKY/USDT:USDT](https://www.xt.com/en/futures/trade/sky_usdt) | 0.0052% | 4h | 11.32% | 2026-10-06 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sky/binance) | [SKY/USDT:USDT](https://www.binance.com/en/futures/SKYUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 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% | 2026-10-06 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/sky/bitget) | [SKY/USDT:USDT](https://www.bitget.com/futures/usdt/SKYUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/sky/gate) | [SKY/USDT:USDT](https://www.gate.com/futures/USDT/SKY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/sky/kucoin) | [SKY/USDT:USDT](https://www.kucoin.com/trade/futures/SKYUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/sky/mexc) | [SKY/USDT:USDT](https://www.mexc.com/futures/SKY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 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% | 2026-10-06 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/sky/weex) | [SKY/USDT:USDT](https://www.weex.com/futures/SKY-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 23:38 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% | 2026-10-06 00:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/sky/hyperliquid) | [SKY/USDC:USDC](https://app.hyperliquid.xyz/trade/SKY) | 0.0013% | 1h | 10.95% | 2026-10-06 00:00 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% | 2026-10-06 00:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/sky/lighter) | [SKY/USDC:USDC](https://app.lighter.xyz/trade/SKY) | 0.0096% | 8h | 10.51% | — |
| [Bybit](https://arbtide.com/funding-rates/sky/bybit) | [SKY/USDT:USDT](https://www.bybit.com/trade/usdt/SKYUSDT) | -0.0010% | 4h | -2.18% | 2026-10-06 00:00 UTC |

## Frequently asked questions

### What is the SKY funding rate on Toobit?

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0105% per 8 hours (11.49% APR).

### How often does Toobit pay SKY funding?

Every 4 hours. The next payment is at 2026-10-06 00:00 UTC.

### Is SKY funding on Toobit higher than on other exchanges?

Toobit is the 11th highest of 16 exchanges shown. The highest is XT.COM at 0.0052% per 4h (11.32% APR) and the lowest is Bybit at -0.0010% per 4h (-2.18% APR).

### How do you arbitrage SKY funding with Toobit?

Long SKY on Bybit and short on Toobit for a gross spread of 0.0120% per 8 hours (13.13% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.