AAPL (xyz) funding comparison: questions and answers
Where is AAPL (xyz) funding the highest right now?
Lighter: 3.5%, Binance: 0.0%, Bybit: 0.0%, Hyperliquid: -3.6% APR. A positive rate means longs pay shorts.
How can you earn the AAPL (xyz) funding spread?
Short AAPL (xyz) on Lighter and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 7.1% 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 AAPL (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: 6.8% over 24 hours and 2.1% over 7 days. Lighter: 4.0% over 24 hours and 1.4% over 7 days (APR).