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SKL — funding rate on Binance

Binance · SKLUSDT
-0.028%per 4h · -0.007%/hlongs receive
last settlement-0.025%upcoming payout-0.028% unchanged
3:44:41settlement
0calmheat
Price (mark)
0.003774
-3.0% 24h
Vol 24h
$3.1M
Open interest
Price move in 2 min

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$0.71 · $0.18/hour
Net snipe per settlement
$-3.29 = 0.028%0.110% 0.050%
Break-even for entry
rate covers the threshold 0.18×needs 0.160%+ per settlement
Liquidation price
0.003038 (−19.50% from price)
Risk at this leverage
no volatility data
Max “green” leverage

Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.

Context and comparison

Funding history · 229 settlements
avg 7d -0.009%/havg 30d -0.016%/h
SKL on 3 exchanges
Bybit-0.017%/h
longsrate -0.139% / 8hsnipe -0.021%
Binance← you are here-0.007%/h
longsrate -0.028% / 4hsnipe -0.132%
Bitget-0.001%/h
longsrate -0.012% / 8hsnipe -0.148%

Max spread across exchanges: +0.016%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bitgetevery 8hBinanceevery 4hBybitevery 8hrate corridor between exchanges

exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market

spread typically
0.0074%/h
widest spread
0.0491%/h
24.07 01:00 · Binance ↔ Bybit

the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields

How to read this
  • Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
  • Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
  • Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.