BMNR (xyz) funding comparison: questions and answers
Where is BMNR (xyz) funding the highest right now?
Bybit: 169.4%, Hyperliquid: 133.1%, Lighter: 3.5%, Binance: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the BMNR (xyz) funding spread?
Short BMNR (xyz) on Bybit and go long the same size on Binance: the price risk is hedged, and the difference of 169.4% 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 BMNR (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: — over 24 hours and — over 7 days. Lighter: -4.5% over 24 hours and 2.3% over 7 days (APR).