SKALE (SKL) Funding Rate

SKLSKL$0.005013-4.03%LongShort

Derivatives (24h)

BuySell
Open Interest-11.75%$9.38M
Futures Volume-77.96%$16.95M
Liquidation-85.42%$37.96K
Long Liquidation-83.53%$31.34K
Short Liquidation-90.36%$6.62K

Long/Short (24h)

LongShort
SKL Long/Short All0.901
Binance Long/Short0.855
Bybit Long/Short1.023
BingX Long/Short1.031
Bitget Long/Short0.908

Funding Rate

SKL OI-Weighted (4h)+0.0027%
Binance SKL/USDT (4h)-0.0009%
Bybit SKL/USDT (8h)+0.0100%
Crypto.com SKL/USD (1h)+0.0830%
KuCoin SKL/USDT (4h)+0.0050%
Current FundingOpen-interest-weighted average of the current funding rate across all exchanges (each exchange weighted by its open interest, shown per the coin's common settlement interval). Positive = longs pay shorts. Learn more →+0.0027%/4h
Annualized · APR+5.83%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

SKL Funding Rate Chart · Perpetual · Aggregated

Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsSKL price
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View SKL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchanges SKL Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0027%+5.83%-0.1008%03:49:12 (4h)4h
BBinance-0.0009%-2.03%-0.1718%03:49:12 (4h)4hTrade
BBingX+0.0050%+10.95%-0.0417%03:49:12 (4h)4h
BBybit+0.0100%+10.95%-0.0856%07:49:12 (8h)8hTrade
KKuCoin+0.0050%+10.95%-0.1011%03:49:12 (4h)4hTrade
BBitget+0.0050%+10.95%-0.1503%03:49:12 (4h)4hTrade
WWhiteBIT+0.0050%+10.95%+0.0300%03:49:12 (4h)4h
MMEXC-0.0004%-0.88%-0.1726%03:49:12 (4h)4hTrade
GGate-0.0009%-1.97%-0.2494%03:49:12 (4h)4hTrade
CCrypto.com+0.0830%+726.64%+1.7539%00:49:12 (1h)1h

Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.

How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.

The current SKL USDT perpetual funding rate (4h, OI-weighted) is +0.0053%, meaning longs are paying shorts right now. Across the 9 exchanges reporting a rate, it ranges from -0.0066% on Gate to +0.0830% on Crypto.com — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →

See the live funding rate matrix for every exchange →

About SKL funding rates

The SKALE funding rate (SKL funding rate) is the periodic payment exchanged between longs and shorts on SKL perpetual futures. This page charts the OI-weighted SKALE perpetual funding rate (SKL perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.

The headline rate weights every venue by its share of SKL open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.

Frequently asked questions

What is the SKL funding rate right now?

On an OI-weighted basis, SKL funding currently sits at +0.0053% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).

Which exchange has the highest SKL funding rate?

Crypto.com currently prints the highest SKL rate at +0.0830%; Gate sits lowest at -0.0066%. Every venue's current and accumulated rate is listed in the table below.

How often is SKL funding settled?

Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.

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