Rates/Hyperliquid/SKY/USDT

Hyperliquid SKY/USDT Funding Rate

4,323 settlements analyzed · 2025-09-17 to 2026-03-16

Avg Rate / Settlement

-0.0012%

Per funding period

Annualized Yield

-10.58%

Projected annual

Positive Rate %

54.8%

of 4,323 settlements

Interval

24 settlements/day

Funding Rate Analysis

SKY/USDT on Hyperliquid has maintained a 54.8% positive rate frequency across 4,323 funding settlements since 2025-09-17. This translates to an annualized yield of -10.58% for delta-neutral positions.

The funding rate ranged from a low of -0.0378% to a high of 0.02% per settlement period. With 1-hour intervals, Hyperliquid settles this pair 24 times per day — each settlement is a tradeable event.

Will SKY/USDT funding rate be positive? See prediction →

Trade This Rate on Settled

Don't just watch the rate — predict it. Buy YES or NO on whether SKY/USDT funding rate will be positive at the next Hyperliquid settlement. Markets auto-resolve every 1 hours.

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How Hyperliquid Funding Rates Work

Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.

Hyperliquid settles SKY/USDT funding every 1 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 4,323 historical settlements, we observe a balanced distribution — making this pair moderately predictable for Settled markets.

Frequently Asked Questions

What is the average SKY/USDT funding rate on Hyperliquid?

The average funding rate is -0.0012% per 1-hour settlement period, which annualizes to approximately -10.58% APR.

How often does SKY/USDT have a positive funding rate?

54.8% of the time, based on 4,323 historical settlements from 2025-09-17 to 2026-03-16.

Can I trade SKY/USDT funding rates on Settled?

Yes — Settled creates binary prediction markets before each Hyperliquid SKY/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.