ASTER funding comparison: questions and answers
Where is ASTER funding the highest right now?
Hyperliquid: 10.9%, Lighter: 10.5%, Binance: 8.1%, Bybit: -9.8% APR. A positive rate means longs pay shorts.
How can you earn the ASTER funding spread?
Short ASTER on Hyperliquid and go long the same size on Bybit: the price risk is hedged, and the difference of 20.7% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.
What has ASTER funding averaged on Hyperliquid and Lighter?
Hyperliquid: 9.4% over 24 hours and 8.5% over 7 days. Lighter: 10.5% over 24 hours and 8.6% over 7 days (APR).