LTC funding comparison: questions and answers
Where is LTC funding the highest right now?
Lighter: 10.5%, Binance: 5.9%, Bybit: 3.4%, Hyperliquid: -1.0% APR. A positive rate means longs pay shorts.
How can you earn the LTC funding spread?
Short LTC on Lighter and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 11.5% 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 LTC funding averaged on Hyperliquid and Lighter?
Hyperliquid: 3.4% over 24 hours and 6.9% over 7 days. Lighter: 9.7% over 24 hours and 10.3% over 7 days (APR).