AVAX funding comparison: questions and answers
Where is AVAX funding the highest right now?
Binance: -3.0%, Lighter: -7.9%, Hyperliquid: -16.8%, Bybit: -18.8% APR. A positive rate means longs pay shorts.
How can you earn the AVAX funding spread?
Short AVAX on Binance and go long the same size on Bybit: the price risk is hedged, and the difference of 15.9% 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 AVAX funding averaged on Hyperliquid and Lighter?
Hyperliquid: -3.9% over 24 hours and 1.8% over 7 days. Lighter: -13.7% over 24 hours and -3.3% over 7 days (APR).