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COIN
xyz:SKHY
MARK PRICE
$193.79
FUNDING (8h)
0.0006%
PREDICTED
—
OPEN INTEREST
$209,191,592

Order Book

Connecting…
Spread —

Price Chart: xyz:SKHY

24h High
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24h Low
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24h Volume
—
Spread %
—
Bid Depth
—
Ask Depth
—

Largest Bid Walls

Buy
Price Size $ Value

Largest Ask Walls

Sell
Price Size $ Value

xyz:SKHY Funding Rate History

Last 7 days · 168 intervals
7d Average Funding -0.00100%
Annualised -8.7%
Intervals Longs Paid 38%
Open Interest Rank #13 / 533
24h Volume Rank #75 / 533

Over the last 7 days, xyz:SKHY funding has averaged -0.00100% per hour, an annualised rate of -8.7%. Shorts paid longs in 62% of intervals, meaning positioning has leaned short and longs were being paid to hold. The rate ranged from -0.01824% to 0.00244%. xyz:SKHY is currently the #13 market on Hyperliquid by open interest. Work out what this costs on your own position with the funding rate calculator.

xyz:SKHY funding & market FAQ

What is the current xyz:SKHY funding rate?

The current xyz:SKHY funding rate on Hyperliquid is 0.00063% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged -0.00100%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.

Who pays funding on xyz:SKHY right now?

The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.

What does xyz:SKHY open interest tell me?

xyz:SKHY currently has $209,191,592 of open interest, ranking #13 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.

What is my liquidation price on a xyz:SKHY position?

At the current mark price of $193.79, a 10x long would be liquidated around $174.41 and a 10x short around $213.17. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.

Can I trade xyz:SKHY perpetuals without an account?

Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's xyz:SKHY positions, entries and realised PnL by pasting their wallet address — no sign-up needed.

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