AAOI (xyz) funding comparison: questions and answers
Where is AAOI (xyz) funding the highest right now?
Hyperliquid: 5.5%, Lighter: 3.5%, Bybit: 0.0%, Binance: -30.1% APR. A positive rate means longs pay shorts.
How can you earn the AAOI (xyz) funding spread?
Short AAOI (xyz) on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 35.6% 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 AAOI (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -28.9% over 24 hours and 19.1% over 7 days. Lighter: -29.6% over 24 hours and -1.1% over 7 days (APR).