SOL funding comparison: questions and answers
Where is SOL funding the highest right now?
Hyperliquid: 10.9%, Bybit: 10.9%, Binance: -1.7%, Lighter: -2.6% APR. A positive rate means longs pay shorts.
How can you earn the SOL funding spread?
Short SOL on Hyperliquid and go long the same size on Lighter: the price risk is hedged, and the difference of 13.6% 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 SOL funding averaged on Hyperliquid and Lighter?
Hyperliquid: -0.0% over 24 hours and 4.6% over 7 days. Lighter: 1.9% over 24 hours and 7.5% over 7 days (APR).