[Binance Shanghai SK Hynix Contract Funding Rate Soars to 0.66%] BlockBeats reports that on June 25, according to market data, South Korean stock SK Hynix surged over 10% intraday. The funding rate for the Binance Shanghai SK Hynix contract trading pair SKHYNIX/USDT rose to 0.668%, which translates to an annualized rate of 723%, indicating the market is in FOMO mode for going long.