SKY Funding Rate — live across 10 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized SKY perpetual funding across all 10 venues Perpia tracks. Right now SKY funding is positive on 9 and negative on 1, ranging from +10.9% on Bybit to -11.2% on Nado — a spread of 22.1%. The widest delta-neutral trade is long Nado / short Bybit at 19.6% net APR.
SKY funding rate by venue
22 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 4h |
| OKX | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| Aster | +10.9% | 4h |
| BingX | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
| Nado | -11.2% | 24h |
Rates annualized; updated ~every few minutes from live venue data.
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SKY funding — FAQ
Is SKY funding positive right now?
SKY perpetual funding is positive on 9 of 10 venues Perpia tracks and negative on 1. The highest is +10.9% on Bybit; the lowest is -11.2% on Nado.
What is the best SKY funding arbitrage right now?
Go long Nado and short Bybit for about 19.6% net APR after fees — the widest delta-neutral SKY spread Perpia currently sees.
Which exchange has the highest SKY funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How SKY funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.