LINK funding comparison: questions and answers
Where is LINK funding the highest right now?
Hyperliquid: 10.9%, Binance: 10.9%, Lighter: 10.5%, Bybit: 8.1% APR. A positive rate means longs pay shorts.
How can you earn the LINK funding spread?
Short LINK on Hyperliquid and go long the same size on Bybit: the price risk is hedged, and the difference of 2.8% 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 LINK funding averaged on Hyperliquid and Lighter?
Hyperliquid: 7.2% over 24 hours and 5.9% over 7 days. Lighter: -4.9% over 24 hours and -3.9% over 7 days (APR).