# SKY funding rates and arbitrage

Updated 2026-10-30 06:59 UTC · https://afterfees.xyz/coin/SKY

## Best SKY arbitrage after every cost

No SKY pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## SKY funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | SKY-USDT | 0.0063% | 4 h | +13.9% | +6.6% | $600.2K | 2026-10-30 08:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | SKY_USDT | 0.0050% | 4 h | +10.9% | +6.3% | $760.3K | 2026-10-30 08:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | SKY_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $3.3M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | SKY-USDT-SWAP | 0.0050% | 4 h | +10.9% | +2.2% | $1.2M | 2026-10-30 08:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_SKY_USDT | 0.0050% | 4 h | +10.9% | +6.3% | $432 | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | SKYUSDT | 0.0050% | 4 h | +10.9% | +10.8% | $2.8M | 2026-10-30 08:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | SKY-USDT | 0.0013% | 1 h | +10.9% | −4.6% | $592 | 2026-10-30 08:00 |
| [Variational](https://afterfees.xyz/venues/variational) | SKY-PERP | 0.0050% | 4 h | +10.9% | — | $403K | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | SKYUSDT | 0.0050% | 4 h | +10.9% | +3.5% | $6.1M | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SKYUSDTM | 0.0050% | 4 h | +10.9% | +11.0% | $432.4K | 2026-10-30 08:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | SKY-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $2M | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | SKYUSDT | 0.0050% | 4 h | +10.9% | +5.7% | — | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | SKYUSDT | 0.0050% | 4 h | +10.9% | +6.3% | $16.2M | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | SKYUSDT | 0.0050% | 4 h | +10.9% | +9.4% | $80K | 2026-10-30 08:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | SKY-USDC | 0.0013% | 1 h | +10.9% | — | $7.7K | 2026-10-30 08:00 |
| [Gate](https://afterfees.xyz/venues/gate) | SKY_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $184.8K | 2026-10-30 08:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | SKY | 0.0013% | 1 h | +10.9% | +5.3% | $3.2M | 2026-10-30 08:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | SKY | 0.0012% | 1 h | +10.5% | +10.5% | $394.4K | 2026-10-30 08:00 |
| [Nado](https://afterfees.xyz/venues/nado) | SKY-PERP_USDT0 | -0.0001% | 1 h | −0.5% | — | $58K | 2026-10-30 08:00 |

## Borrow SKY to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.12% | — |
| OKX | 5.20% | — |
| Bybit | 5.55% | — |
| Gate | 14.99% | $30K |
| Binance | 60.50% | — |

## Cost to enter $10,000 of SKY

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | SKY | 4.3 bp | top of book only |
| MEXC | SKY_USDT | 5.5 bp | top of book only |
| Binance | SKYUSDT | 5.8 bp | top of book only |
| BingX | SKY-USDT | 5.8 bp | top of book only |
| Variational | SKY-PERP | 6.9 bp | top of book only |
| Bybit | SKYUSDT | 7.8 bp | top of book only |
| OKX | SKY-USDT-SWAP | 8.1 bp | top of book only |
| Bitget | SKYUSDT | 9.8 bp | top of book only |
| Aster | SKYUSDT | 13.2 bp | top of book only |
| BloFin | SKY-USDT | 13.6 bp | top of book only |
| Bitget | SKYUSDT (spot) | 13.8 bp | top of book only |
| Gate | SKY_USDT | 14.4 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on SKY

- [Borrow SKY: rates on every exchange](https://afterfees.xyz/borrow/SKY)

## Questions

**Is SKY funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no SKY pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

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

BloFin at +13.9% a year (0.0063% every 4 h); the lowest is Nado at −0.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._